Inflation the killer!
Understand the impact of inflation on investments This article deals with investment and inflation. Inflation is a financial killer and the importance of taking this into cognisance in your planning cannot be stressed enough.
Read more...Maximize the Benefits of your Tax Free Savings Account over the Long-Term
By now, you are probably all too familiar with the Tax Free Savings Accounts (TFSA) which were introduced two years ago as a way to encourage a strong savings culture in South Africa. From 1 March 2015, we are allowed to contribute R 30 000 per annum into this savings vehicle without having to incur. […]
Read more...Mispriced Markets
Analysis of previous market cycles shows that share prices can deviate substantially from reality, often for extended periods – over time share valuations are however supported by earnings which depend on sustained economic growth, and markets ultimately revert to normalised levels. It is particularly difficult to forecast the impact of new technology on earnings as […]
Read more...Why do I need to be insured?
Article by Pierre van Zijl (NMG Personal Wealth) As Financial Advisers, we often experience resistance from clients when recommending life insurance. However, have you ever asked yourself the questions: “What would happen to my family if they no longer received an ongoing income as a result of my death or disability?” I was reminded of […]
Read more...The Financial Planner
Yoren Chetty, NMG Financial Advisor, is featured on the latest Financial Planner magazine, addressing 10 tips on dealing with the harsh reality of retrenchment.
Read more...Discovery Health 2017 Benefit changes
On 20 September 2016, Discovery Medical Scheme announced changes in its benefits and contributions. These included the weighted average increase across all plans, increase per plan, general benefit changes, vitality amendments, the introduction of Gap Cover, and changes to the Smart Plan and KeyCare plans. Make yourself aware of these changes with the NMG Benefits […]
Read more...Namibian Economic and Market Commentary
The Namibian economy has grown by a CAGR1 of 5.1% over the past 5 years (from 2010 to 2015). However, we expect the GDP growth for 2016 to marginally decrease from 4.5% recorded in 2015 by 0.2% to 4.3%. The main contributors to a lower GDP in 2016 are the restrained growth in the agricultural […]
Read more...Tax And Retirement Reform – ‘Compulsory Annuitisation’ To Be Postponed For 2 Years
The Minister of Finance has confirmed the postponement of certain elements of the Taxation Laws Amendment Act, 2015 which was set for implementation on 1 March 2016 (‘T’ day). You will recall that the following changes were delayed / postponed from the original 1 March 2015 effective date (as per the Taxation Laws Amendment Act, […]
Read more...[INFOGRAPHIC] – 20 Facts about the Taxation Laws Amendment Act
NMG Benefits has produced an infographic which breaks down the Taxation Laws Amendment Act (TLAA) into 20 distinct facts for ease of reference. There has been much confusion about what the new law means for retirement fund savers and the changes to retirement funds. This infographic explains in a step-by-step format why the TLAA is […]
Read more...[INFOGRAPHIC] National Health Insurance White Paper: Theory versus practicality
NMG Benefits Actuarial and Specialised Services division has prepared a factual graphical summary of the White Paper focusing on the content that we see as the most important and relevant. This includes the structure and reimbursement of benefit packages, the review of funding structures including medical schemes and the implementation plan. We hope this will […]
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