by adminfwc | Dec 2, 2024 | Financial Planning, Investment, Tax
188 – Finding the right annuity for you takes thought Question I recently heard someone talking about a with profit annuity. I only know about living annuities and guaranteed life annuities. How does a with-profit annuity fit into the picture? Answer A with-profit...
by adminfwc | Dec 2, 2024 | Financial Planning, Investment, Retrenchment, Uncategorized
187 – What to do if you get retrenched Question I have just been retrenched and I’m feeling quite overwhelmed by all the decisions that I need to make. Do you have any suggestions on what the big pitfalls are and how to avoid them. Answer Getting retrenched is...
by adminfwc | Dec 2, 2024 | Financial Planning, Life Cover, Medical
186 – Making the most of a medical aid on a budget Question I would like to join a medical aid after not being on one for the past two years. I’m 39 with a young child and can only pay around R3 500 a month. I’m looking for the following: comprehensive hospital cover...
by adminfwc | Dec 2, 2024 | Business, Financial Planning, Investment
185 – To quell chaos, your business needs its own will Question I recently heard someone talking about a will for a business. How does this work? Answer A will for a business documents what should happen to your interest in a business should you pass away. This is...
by adminfwc | Dec 2, 2024 | Business, Financial Planning, Medical
184 – Products that can give employees peace of mind Question A colleague has recently been diagnosed with cancer. He is going to be unable to work properly for at least three months. The company will pay him his basic salary while he is off. But, as the bulk of his...
by adminfwc | Dec 2, 2024 | Financial Planning, Investment, Offshore
183 – Measures to take to ensure that your offshore assets are protected Question A friend’s husband passed away earlier this year, and the executor says it will take at least three years for his estate to be wound up because he owns shares in America and the UK. This...
