Category: Blog

Share this! Financial Planning for Child’s studies Martin de Kock   How do you best plan for your child’s studies? This is especially pertinent if you are planning to send him, her or them to university after school.   In this Afrikaans podcast, Ascor director and financial planning specialist Martin de Kock chats to Ingé…

Wouter Fourie (CFP®), Director of Ascor® Independent Wealth Managers & the FPI & Financial Planner of the year 2015/16 speaks to Michael Avery on Classic FM   Towards the end of October, financial planners from all over South Africa and the globe met for two important conferences in Cape Town.   The first was the…

Michelle Bester, a team member in the administrative office at Ascor®, awared by Investec as the best administrative assistant to financial advisors.   We already know that the best financial advisors work for Ascor Independent Wealth Managers. They have after all won the 2015/16 FPI Financial Planner of the Year Award, the Old Mutual /…

Consider the lifestyle aspects of retirement planning By Wouter Fourie Director of Ascor® Independent Wealth Managers and the Financial Planning Institute, and winner of the FPI Financial Planner of the Year Award 2015/16   “But are you going to have fun? Will you enjoy it?”   These are not always the type of questions that…

Old Mutual Best Practice Adviser Awards 2017 Ascor® awarded Excellence in Investment Planning   Ascor® Independent Wealth Managers® was again recognised as one of South Africa’s top independent financial planners at the Old Mutual / International Adviser Awards at the Vineyard Hotel in Cape Town. Wouter Fourie, an Ascor® director and the 2015/16 FPI Financial…

Does it make sense to contribute after-tax money to a pension fund? Ingé Lamprecht     Since March 1, 2016 tax deductible contributions to pension funds, provident funds and retirement annuities have been capped at R350 000 (or 27.5%) per annum. While high-net-worth individuals who previously contributed more than R350 000 to these vehicles may…

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 a Financial…

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 innovative idea…

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 is imminent….