A growing number of Independent Financial Advisors (IFAs) and brokers are considering emigration as the South African economy continues to splutter. For these professionals, the challenge is how to realise the true value of their existing businesses in order to help set themselves up in their new domicile, says Joshua Marran, Integration Specialist at GCI...
A company’s employee benefits play a key role in determining how desirable it is as an employer, how well it can retain staff, and how engaged its employees are, with a direct impact on the bottom line. As a result, companies are offering all sorts of innovative benefits, but two remain the keystones of any...
There’s no doubt that nearly everyone will face the challenge of changing jobs more than once during their life, and one of the key areas to consider when doing so is the employee benefits package, says Jeremy Hawson, Employee Benefits Divisional Manager at GCI. “The way a company approaches employee benefits can tell you a...
South African independent Wealth Managers and Financial Planners are finding themselves under huge pressure, due to shrinking margins and the increased burden of compliance. Most small firms operate on very low margins, while the cost of compliance is rising and eating into their profits. Few value their own time accurately, which limits their own earning...
Independent financial advisors, planners and brokers face one of their biggest challenges right at the end of their careers: how to turn their hard-won business into steady annuity income to ensure a financially stable retirement? The most common solution – selling the business as a going concern – may be the worst option. The Challenge...
GCI Wealth will be visiting selected centres around South Africa between 11th and 23rd August 2017 on its annual wealth tour. The Wealth Tour has been undertaken by GCI executives since 2010 to bring financial advisors and their clients up to date with the latest trends and thinking in wealth management. This year’s tour will...
By: Natasja Hart, Wealth Manager, GCI Wealth Too often, saving is seen as something to avoid—no wonder we have such a low savings rate. Actually, we should welcome it because if our saving is on track, we will enjoy our spending so much more. The latest Old Mutual Savings Monitor confirms that while South Africans...
Die nuutste Old Mutual Spaar- en Beleggingsmonitor bevestig dat Suid-Afrikaners eindelik begin besef dat skuld vermy moet word, maar ons spaar nog nie genoeg nie. Die meeste mense spaar nie vir hul kinders se opleiding nie, en 40% van die respondente het hoegenaamd geen vorm van formele aftreespaargeld nie. Daar is baie faktore wat dié...
South Africans seem to be waking up to the fact that debt should be avoided, but we are still not saving enough, according to the latest Old Mutual Savings and Investment Monitor. Most people are not saving for their children’s education, and 40% of respondents said they have no formal retirement-savings vehicle. Many factors drive...
While the latest Savings Monitor report from Old Mutual indicates that more and more people in South Africa are waking up to the importance of avoiding debt, the savings attitude of South Africans remains negative and not enough people are saving money. This is according to Natasja Hart, wealth manager at GCI Wealth. Hart reveals...
