Tag Archives | Financial Advice


South Africans turn to Google for financial advice – What are the questions they ask?

Google recently revealed the list of the most-Googled questions they get on saving money. Moneyweb reported that South Africans are also turning to Google for financial advice with ‘what is bitcoin?’, ‘where to sell Mandela R5 coins?’ and ‘what is forex trading?’ topping the search list. Other questions South Africans asked Google included: ‘what is a […]

Continue Reading

Rising divorce rates – Financial advice for couples

Although getting divorced is a relatively straightforward process, at least from a legal perspective, the emotional and financial implications are often enormous. This is the view of Allan Gray’s Legal Advisor, Mlulamiu Nxele. “Because a marriage must be dissolved by a court, it can take a long time before the matter is settled – and […]

Continue Reading

Exemptions from making deadlines – The why, what and how

The FAIS Act and other legislation prescribe a number of requirements that individuals who provide financial advice must adhere to. Throughout your career you are reminded of these deadlines. The successful completion of the regulatory exam and the annual deadline to adhere to CPD requirements, are only two of these requirements. Failure to comply with […]

Continue Reading

Do you offer financial advice or coaching?

Every financial adviser should be familiar with the statistics: Only 5% or so of South Africans will retire comfortably. In total, South African consumers owe R1.6 trillion in debt. There are 20 million active credit users in the country and around 60% of those are impaired. The question is: Where does this leave advisers? If they only […]

Continue Reading

The Value of Financial Advice

This is the title of an article, published on 13 July 2017, on research conducted in the UK by the International Longevity Centre. The research finds that clients who received financial advice from 2001 to 2007 were significantly better off than those who did not. Below is the summary on the ILC website. There is also a […]

Continue Reading