Financial Planning

Ascor® is a fee based practice providing independent professional financial advice. Our team of post graduate qualified CERTIFIED FINANCIAL PLANNER® can assist you in the process of developing strategies on managing your financial affairs to meet life goals or life changing events. In these uncertain times you need to ensure that you have a personal financial plan or you may run the risk of a compromised lifestyle.

• Planning of Estate and Will
• Advice on Retirement planning
• Wealth creation
• Insurance requirements
• Investment planning
• Medical Aid schemes and planning

Ascor® has a team who can assist in the following areas of financial planning:

The Financial Planning Institute (FPI) of South Africa has recognized Ascor® Financial Advisors CC for its high quality of professional standards by awarding Ascor with an inaugural FPI Professional Practice™ certification.

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Estate Planning

Estate planning is more than just having an updated last will and testament, it is the act of planning and anticipating how a person wants to transfer wealth and assets after his or her death, while minimising cost like executor’s fees, estate duty tax, capital gains tax and donations tax.

• Commercial soundness –to ensure growth and protection of a client’s assets and investments.
• Liquidity – provide income requirements of our clients and those of the client’s dependents and beneficiaries.
• Good governance – provide efficient administration of the estate, preservation of documentation and the smooth and efficient transfer of assets.
• Flexibility – a plan that will be capable of adapting to changed circumstances.
• Minimisation of all costs including taxes.

At Ascor® we put our clients at the centre of the estate planning process by providing the following objectives:

Estate planning is complex. Overlooking or neglecting any aspect thereof can create problems in the future. To prevent this, Ascor® employees highly qualified planners who will ensure that your estate planning addresses your personal requirements, are updated regularly and comply with all legal and personal requirements.

Investment Planning

Investing your hard earned savings can be overwhelming. There are so many possible investment opportunities available to you, and sifting through the various options can be time consuming.
Investing your savings indiscriminately, could lead to permanent capital losses which could possibly never be recovered.

Ascor® will follow the correct investment approach and has already done this research on your behalf making the complex journey much simpler.
We apply a robust investment strategy that matches your future income and growth requirements with an investment portfolio that has a high probability of achieving the required results without taking unnecessary investment risks.

• Tax-free savings accounts
• Retirement annuities
• Establishing and managing of Group Risk and Pension Funds
• Facilitating the transfer of Pension and Provident funds to Preservation funds
• Discretionary investments
• Evaluation of current investment portfolios and making recommendations to re-structure
• General investment advice

Investment services offered by Ascor include:

Life Insurance

Unlike short term insurance, life insurance will at some point in time be useful – everyone dies, some early, others later. It is only in a tragic event that the benefits of these product will be seen.
Each person’s risks that need to be addressed and covered may vary depending on your circumstances.

• Death
• Capital disability

The different types of risks that can be addressed using an insurance policy include:

At Ascor® we can help you establish what risks you need to address to provide for the eventuality of an unplanned crisis. As we are Independent advisers, we can shop around among the various insurers for the cover that addresses your specific need.

The purpose of risk insurance can be to cover any of the following needs (risks):

• Temporary disability
• Impairment

• Income protection
• Severe illness
• Accident cover

• Provide for a monthly income for your loved ones when you’re no longer around (death)
• Settle any debts at death eg. bonds, car financing, credit cards, bank overdrafts etc.
• Provide for settling any debts should you become permanently disabled due to sickness or an accident
• Replace your monthly income should you become permanently disabled and can no longer earn a salary
• Provide a lump sum payout when diagnosed with a life threatening disease or suffering a heart attack.

The high cost of private healthcare makes being a member of a medical aid a necessity and not a luxury.

Medical Aid

Whether you are a private individual or an employer group, Ascor® can help you:

• Select the medical option that best suits your needs
• Understand and manage your benefits to your advantage
• Resolve claims disputes
• Optimize ancillary benefits such as wellness programs
• Keep up to date with changes in Medical Schemes

If you are already a member of a medical scheme, but need assistance to understand the benefits offered, or if you simply need to determine whether your current plan is the right one for you, Ascor® can assist you.

Medical Companies represented by Ascor® include:

• Discovery Health
• Medihelp

• Momentum Health
• Profmed
• Topmed

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Retirement Planning

Recent research done by insurers in South Africa indicate that only about 6% of people can retire financially independent. Fortunately, it is never too late to start saving for retirement – but it is imperative that you do start. The sooner the better.

Ascor® wants to help you make your retirement one you have earned and would enjoy, we offer the following assistance:

• Financial Statements for companies
• Trusts & sole proprietors
• Audit/Independent Review
• Financial statements
• Financial statement analysis
• Processing monthly accounting records
• Management accounts, analysis
• Budgets and cash flow forecasting
• Payroll administration
• Cloud based accounting solutions
• All related tax compliance functions
• Business financial planning advice

• Establishing and articulating your retirement goals
• Calculate and assess what you need to save to achieve these goals
• Draft a retirement plan detailing the process and road to financial independence
• Manage your retirement investment portfolio to improve growth without investment risks
• Utilize tax allowances to make provision for retirement
• Having SARS subsidize a portion of your retirement planning
• Chart and measure your progress towards your retirement goals
• Draft and follow a monthly income and expense budget
• Structure the withdrawal from your retirement funds to avoid paying unnecessary taxes
• Preserve current pension and provident savings when you transfer employment

Many retirees underestimate the effect of inflation on the longevity of their retirement funds. For this reason, you need to take care to do your retirement calculations properly and as accurately as possible. If you run out of funds during retirement, chances are that you cannot be re-employed to earn income.

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What is Financial Planning?


Ascor® is an Independent Wealth Management group, the offer comprehensive Financial planning in Pretoria

Financial Planning is an ongoing procedure that will assist you to make practical decisions about your money and that will help you achieve your life goals.

First of all Ascor® in Pretoria is home of Financial Planner of the year 2015/16, Wouter Fourie CFP®.

Furthermore Ascor® was also crowned best Financial Advisor firm in South Africa 2016. Let the best in Pretoria assist you in your Financial planning, planning for tomorrow, today.

In addition, a Financial planning checklist is an excellent tool to check how you are progressing towards your financial goals and to also help identify any specific areas you might need to focus on in the immediate future.

1.       Budget and track your spending

Whether you use a software program, like Microsoft Excel or a pen and paper, you need to know where your money is going in 2016.

Break down your expenses into categories – like Home, Daily Living, Transportation and identify where you can scale back.

For a free budget template visit our Website Select downloads from the menu and click budget template to download

2.       Check your credit report

Get a free copy of your credit report (the numerical summary of how much you owe and how promptly you pay your bills, which is examined by everyone from lenders to landlords).

It is important to know you credit score and to confirm the details listed. You also have the right to challenge any information on the report to ensure that your credit report is accurate.

For a free credit report visit

3.       Tax planning

This is a great time to take advantage of some financial opportunities before the tax year closes (28 February), such as yearend tax deductions and retirement plan contributions.

Now is the perfect time to start collecting important tax documents and receipts and to meet with your CERTIFIED FINANCIAL PLANNER® and your accountant.

He or she can offer valuable time-sensitive advice, such as selling shares, deferring income, contributing to retirement accounts, or donating to charity for a tax write-off.

4.       Review your Insurance coverage

Review all your policies—Life, Disability, Home owner’s, and vehicle insurance etc. Are the limits adequate? Should the deductibles be raised? Is there a less expensive policy with similar coverage? Are you taking advantage of all the discounts offered to you by your insurance providers?

5.       Create or update your Will

To prevent the unexpected from catching you and your family off guard, consider creating a Will or if you already have one, reviewing it on occasion. An updated Will ensures that your personal belongings, assets and investments go to the beneficiaries you choose. Make sure you and your partner know the contents of the Will.

6.       Rebalance your portfolio

Making sure that your asset allocation is in line with your investment goals is an essential part of managing a portfolio and creating wealth. Now is an opportune time to do that, and the process may take only a few minutes. Contact the Ascor® office at 086 111 3187 or visit our Website

7.       Set short and long term goals

Whether you want to be debt-free in 10 years or own a house in five, you’re more inclined to save if you have specific goals. So, write them down and determine how much money you’ll need to save each month to reach them.

8.       Pay yourself first

Create a regular savings plan. Set up direct deposit from your pay check into a savings account or investment. You won’t miss money you don’t see. Start as soon as possible – even if it is just a small amount in the beginning.

9.       Plan for “D-Day”

Debt free Day (“D-Day”) planning starts with paying off bad debts, such as high-interest credit card bills and non-tax deductible debt.

10.  Boost your retirement savings

You need to act on this before 28 February to benefit from the tax friendly investments into your retirement annuities and pension funds. Contact your CERTIFIED FINANCIAL PLANNER® who will be able to assist you in calculating the amount available to contribute and receive the tax saving incentive and help you boost your retirement savings.


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