Mitzie is accredited with most Life Assurance Companies as well as Medical Schemes in SA to give advice on their products. She has been playing an important role in the industry for approximately 23 years and have received many awards for her time spent actively participating in the field.
Click on the links below to find out more about financial information, medical aid and keep up to date with what you need to do for your will and testaments.
Who qualifies for such a withdrawal?
• A member of a retirement annuity fund, pension preservation fund or provident preservation fund who has discontinued his/her contributions before his/her retirement date and where he/she has formally emigrated from South Africa, with such emigration having been recognised by the South African Reserve Bank for the purposes of exchange control;
Further to our last communication regarding the proposed amalgamation between Topmed and Fedhealth, I am pleased to advise that the intention is to amalgamate with effect 1 August 2019, subject to the relevant authorities’ approval.read more
An amendment to the SA Income Tax Act becomes effective in March 2020, and has hard-hitting consequences for South Africans working outside SA. It requires that SA tax residents spending more than 183 days abroad (of which 60 days are consecutive) pay SA tax of up to 45% of their foreign employment income once it exceeds R1m per annum.read more
The inevitable reality of cryptocurrency regulation is gathering pace. With the draft proposal opened to public comment closing last month, the initial steps are in process to bring some formality to this growing and popular asset class.read more
Questions to consider when running your own business.
Suretyship Protection/ Contingent Liability
•Are you standing surety for loan/debt affected by the business?
•Are you aware of the impact if the loan/debt cannot be repaid?
Loan Account Protection
•Do you have a loan account?
Is the business able to repay the loan account on your death or disability?
Since the Constitutional Court of South Africa decriminalised use and private cultivation of cannabis (dagga) in September last year, there has been much discussion around the personal use of dagga and how it affects a long-term insurance claim.read more
When it comes to life insurance, it’s not so much about what’s in it for you but what’s in it for the people you love and who depend on you financially. Of course nobody likes to think about their own death but it is necessary if you’re going to put a plan in place that ensures the financial future of the people you leave behind.read more
As mentioned in our previous communication, the Members of both schemes needed to vote on the proposed amalgamation. Good news!
The majority of Members who voted, both from Topmed and Fedhealth, voted in favour of the amalgamation.
Finance Minister, Tito Mboweni has delivered his maiden budget speech for 2019 this afternoon, and he did it with a few jokes and japes thrown in for good measure, too. Mboweni’s optimistic tone looked towards fixing Eskom, restoring the credibility of SARS and a 12-figure boost for free higher education.read more
Expected changes to the income tax laws in March 2019 will allow members who emigrate before they reach retirement date more flexibility to withdraw their retirement funds when they leave the country.read more