Financial markets are cyclical and periods of economic downturn often present unique opportunities to achieve your desired investment outcomes. For this reason, it is important to identify solutions tailored to global market dynamics to realise wealth that spans generations.

As Black Friday approaches on 29 November, the National Financial Ombud (NFO) has warned consumers to be on guard against getting in the red by impulse buying without a budget or plan.

For South African business owners, particularly those in sectors hard hit by fluctuating demand, maintaining a healthy cashflow can be difficult. Yet with rising operating costs, and tighter access to credit, effectively tracking cashflow has become key to keeping a business afloat.

Bertie Nel, Head of Financial Planning and Advice at Momentum, advises that understanding this year’s MTBPS is crucial to manage household finances effectively. The MTBPS provides essential insights into inflation targets, tax policies, social grant updates, and economic growth projections, all of which impact household finances in real terms.

As consumers have started withdrawing from their Two-Pot Retirement savings pot, this withdrawal does not need to be seen purely as a setback. Henri Le Grange, Certified Financial Planner® at Old Mutual Personal Finance provides practical tips for financial advisers on how to reassess the customer’s financial goals, and craft a fresh strategy tailored to their new reality by aligning the customer’s current situation with their future aspirations.

ZAR 475 million, ZAR 210 million, ZAR 59 million, these are not lottery-winning jackpot amounts. They are some of the eye-watering administrative penalties that have recently been imposed by the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) (together, the Regulators) during 2024