The world is changing fast and to keep up you need local knowledge with global context.
You might not think of a wealth advisor as a must-have service, but as your bank account grows, an advisor can be crucial in helping you plan for the future.
Property investors are understandably nervous about the future of property prices, their tenants and the returns. They are filled with uncertainty.
A sound financial strategy should include multiple financial planning disciplines and not focus on investing and returns in isolation.
Although some markets have bounced back, volatility is the name of the game in the current uncertainty caused by the global impact of Covid-19.
Technology has made formal and tertiary education far more accessible to the greater worldwide community and certainly changed the way we learn.
With every passing day, more reports are published about the economic impact of strategies by governments everywhere to slow down Covid-19.
Covid-19 has changed the rules of the game for property investors, with retail real estate owners under pressure because shopping centre tenants have been ordered to shut.
Transactional wallets are not new but real estate investors will now be able to enjoy their ease of use and have access to compound investing.
What has, however, become more complicated is estate planning around both local and offshore assets for South African tax residents.
It is therefore more imperative than ever to engage with an independent financial advisor to ensure better portfolio performance over the longer term.
When reaching retirement, members of retirement funds will be faced with the choice of purchasing either a guaranteed annuity or a living annuity.