Retirement Savings in South Africa: Why Starting Early Matters
In South Africa, where the average life expectancy continues to rise and state pensions (like the SASSA grant) are not sufficient to maintain one’s lifestyle post-retirement, retirement planning is not optional – it’s essential. Yet, most South Africans start too late or contribute too little. This leads to financial insecurity at a time when income […]
Investors’ Cognitive Biases to Market Volatility
Being a successful long-term investor requires an understanding that as human beings, we are often driven by cognitive investment biases, which, if not kept in check, can lead to poor investment outcomes. It is therefore important to be aware of these biases so that we can make better investment decisions. Before we look at these […]
The Importance of Estate Planning
Having an estate plan is an important responsibility to ensure that the distribution of your assets upon your death is done in accordance with your wishes. Yet, many people do not have one. The reality is that death can happen at any time, and being prepared as early as possible provides peace of mind for […]
Islamic Finance the key to redistributing of wealth
March 2025 has brought upon us the auspicious month of Ramadan 1446, where Muslims strive not only for spiritual development, but also for an opportunity to reflect on the importance of giving and managing one’s finances in a socially responsible manner. With zakāh (giving of charity) being the third pillar of Islam, it is incumbent […]
Reminder: Top-up your Retirement Annuity and Tax-Free Savings Accounts before 28 February 2025
The tax year end is approaching, and time is running out for you to top-up your retirement fund and tax-free savings accounts. This serves as a reminder for you to top-up before 28 February 2025 to take full advantage of the tax incentives provided by the government. You may be thinking, why should I be […]
2024: A Year of Growth and Innovation at 27four – Thank You for Your Unwavering Support
Reminder To Utilise Annual Offshore Allowances
A reminder to investors looking to diversify their portfolios by maximising their offshore allowances afforded by the South African Reserve Bank (SARB): These allowances will expire at the end of each calendar year on 31 December. Under the Exchange Control Regulations, the SARB provides South African resident individuals with a R1 million Single Discretionary Allowance […]