As they say, the only constant is change and this month our clients are facing many changes that can affect their overall financial wellness.
While the National Budget tabled on 24 February 2016 did not result in any major tax increases, there were some important alterations that will affect your financial planning. So make sure you speak to your financial adviser.
The changes to the taxation of retirement funds came into effect this month, which is good news for those wanting to boost their retirement funds. However, even that amendment came with its own set of last-minute changes. Lastly, earlier this month Liberty announced changes to the loyalty programme that will affect some of our client base.
Retirement fund members are understandably confused as to what changes have actually been brought about with regards to retirement reform. Here we provide a simple breakdown of what you need to know.
If the thought of saving money automatically translates into a feeling of deprivation – think again! Here are five no-fuss ways to maintain your lifestyle and save money.
If you are a member of the Own your life Rewards programme you should by now have received notification that we are winding down the programme which will be discontinued in a year’s time on 31 March 2017.
Thank you for the feedback we have received on these newsletters so far. Your comments and suggestions will help us to give you relevant information for planning and managing your finances.
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The information contained in this communication, including attachments, is not to be construed as advice in terms of the Financial Advisory and Intermediary Services Act of 2002 ("FAIS") as the writer is neither an appointed representative of Liberty, nor a licensed financial services provider as contemplated in FAIS. Please consult your financial adviser should you require advice of a financial nature and/or intermediary services.
