What to read in the fourth-quarter 2015 edition (volume 65) of Personal Finance magazine.
Enter the robo-adviser. Self-help websites that offer cheap, automatic investment advice based on the boxes you tick in a questionnaire have human advisers worried. But can they really beat face-to-face interaction?
The high costs of disability. Disability could never happen to you … until it does, with consequences that may call for radical lifestyle adjustments that only money can buy. How would you cope?
10 things you should know about group RAs versus umbrella funds. Umbrella retirement funds, which cater for employers that don’t have their own funds for their employees, are being challenged by a new concept, the group retirement annuity. Bruce Cameron explains the differences between the two.
Smart indices on track to add value? The JSE’s bull market has meant lean times for investments with a value bias, and the Rafi and eRafi exchange traded funds have under-performed compared with investments that simply track the market. But the tide will turn – and the replacement for the eRafi is well positioned to take advantage.
Doctors go digital to treat you better. Medical scheme administrators believe that the more your doctor and scheme know about your health, the better the treatment you will receive, and the more control it can exercise over the costs of treating you. Laura du Preez reports on the digital tools that administrators offer to doctors and their patients.
Make it plain. The time is right to fight those faceless people who boggle our minds with unintelligible jargon, intimidate us with legal language and induce paralysis with unpunctuated paragraphs.
Best car buys. If you are in the market for a motor vehicle, Car magazine recently produced its authoritative top-12 list for 2015.
Taking the right amount of risk to beat inflation. The Prescient Income Provider Fund offers an alternative to a money market fund in the “new normal” environment.
Backseat driver. Telematics makes vehicle tracking possible and allows insurers to monitor your driving style. The idea of Big Brother recording your every move might be offputting, but the data could save your life, protect your car and lower your premiums.
Capital gains tax and your investments. We can overlook the CGT implications when we dispose of an asset. When and how does the tax affect the returns on an investment?
The dark art of deeming. If you transfer money or assets to someone, or to an entity, on favourable terms to reduce tax, beware of the deeming provisions, which are designed to swing the balance back in favour of SARS.
Ultimate planning. To find out what constitutes best practice in any industry, look no further than that industry’s award-winners. In financial planning, the ultimate accolade is Financial Planner of the Year, awarded this year to Wouter Fourie.
The connected generation. Commentators in the financial services industry suggest that the industry is stuck in the past and it must adapt to the needs of its changing client base to remain viable.
Weak rand reveals a sick economy. Many economists believe that a weak rand is good for the economy. Russell Lamberti explains why he disagrees.
Plus … Unit trust performance, PlexCrown Fund Ratings, tax guide and annuity rates.
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