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.
The real life story shared in this article provides certain lessons for spouses and partners where trusts are involved. Although trusts have been around in the world for almost a thousand years, it remains one of the most misunderstood and sometimes abused vehicles where families’ assets are housed.read more
Everybody has biases. We make judgements about people, places, and of course, the markets. It is almost impossible not to allow the filters which are created through our emotions and our experiences to impact our investment decision making. The trick is to understand them, be able to identify them when they occur and to build in steps to mitigate them when needed.read more
The Gauteng Division in Pretoriea, has on 23 August 2019, placed Thebemed Medical Scheme under provisional curatorship following a successful application by the Registrar of the Council for Medical Schemes (CMS), in terms of Section 56(1) of the Medical Schemes Act, No. 131 of 1998 (the MS Act), and Section 5(1) and (2) of the Financial Institutions (Protection of Funds) Act 28 of 2001 (the FI Act).read more
What is it? It’s an investment that gives the investor flexibility to be able to invest in underlying investment funds and decide on their annual income within certain prescribed limits.read more
A few months after the new default regulations for retirement funds came into effect, they have brought to light a few points that will have to be addressed. Here are six.read more
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?