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Ascor® News Blog for advice, knowledge and insight on current Financial news!

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What constitutes bad financial advice?

Share this! What constitutes bad financial advice? Maya Fisher-French, Fin24   Due to the recent poor performance of living annuities, City Press has been receiving complaints from investors who claim they received bad advice and want to cash in the investment.   This comes down to a question of good or bad advice, which is

It’s risky to use retirement capital to start a business

Share this! It’s risky to use retirement capital to start a business By Martin Hesse Personal Finance   There are essentially two types of people who would consider using their retirement savings to start or buy a small business: youngish people with an entrepreneurial spirit who want to escape the corporate world, perhaps with an

Grandparent’s funds: A tax- and cost-efficient strategy

Share this! Grandparent’s funds: A tax- and cost-efficient strategy By Martin de Kock (CFP®)   Question: I have an ailing grandparent (80 years old) with R20 million in total cash in a money market fund. They require a small monthly income (R5 000) and would like their beneficiaries to inherit directly at their death, which

Your easy guide to offshore investing

Share this!  Your easy guide to offshore investing By Wouter Fourie is a certified financial planner (CFP®) and a director of Ascor® Independent Wealth Managers.   Why invest offshore?  South Africa represents less than 1% of the world economy and restricting yourself to local investments means you will lose the opportunity available to invest in

Hoe om ‘n betroubare finansiële raadgewer te kies

Share this!  Hoe om ‘n betroubare finansiële raadgewer te kies Ingé Lamprecht gesles met Wouter Fourie (CFP®) op Rsg Moneyweb   Ingé Lamprecht gesels met Wouter Fourie (CFP®) oor goeie eienskappe van ‘n finansiële beplanner. ‘n Finansiële beplanner se kwalifikasie, ondervinding, raadseksamen en etiese gedrag is baie belangrik. Hulle gesles ook oor die Fpi (Financial