Huge congratulations to David Green, OBE who has done an immense amount to grow the South African and Western Cape economy. All of those celebrating in the @VandAWaterfront tonight are sure to benefit from David's stellar work in invigorating this icon of our province.
I've written something about the rugby tomorrow (in Afrikaans or English original - don't use the Google translate option). Say, why aren't you subscribed to Vrye Weekblad? It's excellent.
https://t.co/wxjfssO7nD via @vryeweekblad
@spectatorindex NYC is a cool city that I’ve explored plenty, but CT 🇿🇦 is unbeatable. In fact, Berlin should be no.2 right after CT. And Tokyo deserves a higher spot.
Here’s👇an excellent explanation of the new two-pot retirement system. It’s a must-read for anyone who’s confused by it (especially if they’re responsible for implementing it).
The two-pot retirement system will allow fund members limited access to their benefits before retirement.
Leone Hitge, Investment Marketing Manager, unpacks the key elements of the new system and the financial implications of early withdrawals.
#twopot#investing#retirement
Just to be clear: a living annuity can invest up to 100% offshore if the provider doesn’t max out its SARB limit across all of its retail products/customers. Looks like @sygnia has, but other providers still offer 100% offshore exposure.
“The Sygnia Living Annuity currently has a 40% offshore allocation limit. This cap ensures compliance with the SARB regulation of 45% while allowing investors to maximize their offshore investments.” - Kyle Hulett, Co-Head of investments
#AnnuityFunds#InvestorAdvice
🏅Gold Medal Alert! 🏅
Tatjana Smith wins the Women’s 100m Breaststroke! This is South Africa's first gold medal at #Paris2024
Congratulations, Tatjana! 👏👏👏
#TeamSA#Olympics#ForMyCountry
World's 10 best cities for 2024
1. 🇺🇸 New York City, US
2. 🇿🇦 Cape Town, South Africa
3. 🇩🇪 Berlin, Germany
4. 🇬🇧 London, UK
5. 🇪🇸 Madrid, Spain
6. 🇲🇽 Mexico City, Mexico
7. 🇬🇧 Liverpool, UK
8. 🇯🇵 Tokyo, Japan
9. 🇮🇹 Rome, Italy
10. 🇵🇹 Porto, Portugal
(Source: TimeOut)
Starting August 1, 2024, the Sygnia Itrix FANG. AI Actively Managed ETF management fee will be amended to 1% per annum (excluding VAT) AND no performance fee. Your path to tax-free savings just got clearer! 💰 #SygniaInvestments#ETFs#FinancialGrowth#sygnia
How can @sygnia claim it’s reducing a fee to 1% when it currently charges 0.7%? Dropping a contingent performance fee (not mentioned on fact sheet) doesn’t count. @sygnia, care to clarify for your ETF investors?
@pietviljoen A welcome read while I'm in France and hoping to catch a stage of Le Tour. This year's shift from the traditional Paris finish to the French Riviera also underscores the importance of adapting your investment strategy to major market changes.
https://t.co/Kqf5h8elvD - We’re delighted to share that @Sanlam and @FNZ_Group have completed a major migration to FNZ’s global wealth management platform.
Congratulations to everyone involved, we look forward to our continued partnership!
#OpenUpWealth#FNZ@SanlamInvest
Admirable double-digit growth @alexforbes and positive AUM flows while competition bleeds assets. Thrilled with my higher regular and surprise special dividends. 🙏👏 Dawie and team.
@sygnia bleeds #netoutflows in the first half of its latest financial year. Sygnia reported net #outflows of R11.2bn for the six months ended March 2024, which was more than double the value of the comparable period a year earlier, @DieVisser writes. https://t.co/1b2YHSkh19
1. A few reflections on the #SAelections24 results (98,5% captured at time of posting). Despite some glitches, on the whole it has been a free and fair election. A majority of the world’s population do not have this privilege.