Services

Risk & Investment Planning

Risk cover is constantly changing - from rates to the underlying benefits that are meant to pay you out at claim stage. Your life cover is an expense that is critical to the safety and security of your family and your financial freedom. Risk cover is also bought with your health and not with cash, so you need to ensure that the benefits that you have are the best that you can get for the specified need. This is something that must be reassessed at every annual portfolio review as risk costs also tend to reduce every few years.

Investment Planning is also provided to assist in helping you achieve your goals - either on a long or short term basis. Sometimes that bank isn't the ideal place to save for that rainy day and perhaps that call account isn't providing the growth that you're looking for. Each person is different and a portfolio can be tailored specifically for you.

 

Medical Aid

Since the introduction of the Medical Schemes Act, the medical aid industry has gone through tremendous change. Not only are the waiting periods, exclusion periods and late joiner penalties a concern, but you now have to think about NHRPL and the tariff your medical aid covers. Do you need a medical savings account or do you prefer to have a hospital plan? Not only is the regulatory environment making decisions more difficult, but medical aids are providing options where you can take on some of the in-hospital liability in order to lower your contributions.

 

Retirement Funds

The retirement fund industry is going through a well deserved overhaul, but this doesn't mean that you need to withhold from investing in your retirement. Now is as good a time as any! From retirement annuities to pension or provident funds, there's a retirement option that will suit your needs and your budget. Factors like tax deductibility, options at maturity and scheme size (for corporates) will influence your options.

Preservation funds are another vehicle that will assist you in preserving your retirement benefit should you ever leave your employers pension or provident fund. It provides a framework to defer taxation and ensure that your retirement fund benefit grows with you till your retirement date.