Category: Financial Wisdom

Tips for Conducting a Mid-Year Financial Review and Setting Goals for the Second Half of the Year As we reach the halfway point of the year, it’s important to take a moment to reflect on our financial health and make any necessary adjustments to ensure we meet our goals by the end of the year….

New Rules for Fais Ombud: Compensation Limit Increased to R3.5 Million The maximum compensation limit awarded by the Ombud for Financial Services (Fais Ombud) has been increased from R800,000 to R3.5 million, according to new rules published by the Ombud Council. This significant change, welcomed by Fais Ombud Advocate John Simpson, aims to provide greater…

Books Recommended by Wealth Management Advisors for Continuous Learning and Improvement The Importance of Reading Beyond Finance: Books Recommended by Wealth Advisors In the fast-paced world of wealth management, advisors are constantly seeking ways to improve their skills and knowledge. One of the key ways they do this is by reading, not just about investing…

Financial Advisers Hamstrung in Reporting Financial Abuse: FAAA Addresses the Issue Financial advisers are facing challenges in reporting financial abuse, according to the Financial Advice Association of Australia (FAAA). The FAAA has highlighted the need for standardized protocols and tools to enable financial advisers to detect and address financial abuse effectively. In a submission to…

Top Financial Advisors: Find the Best Advisor for Your Financial Needs In today’s fast-paced world, managing your finances can be a daunting task. With so many options available, it can be overwhelming to choose the right financial advisor to help you navigate the complexities of wealth management. However, with the rise of online financial advisors,…

The Importance of Timely Retirement Provision and Financial Planning The importance of timely retirement provision is increasing, and financial experts are urging individuals to start planning for their golden years sooner rather than later. With life expectancy on the rise and the potential for a longer retirement period, having a solid financial plan in place…

ASIC Convicts John Bigatton for Providing Unlicensed Financial Advice on BitConnect The downfall of a prominent figure in the cryptocurrency world has sent shockwaves through the industry as John Bigatton, a key player in the BitConnect saga, has been convicted for providing unlicensed financial advice. The Australian Securities and Investments Commission (ASIC) uncovered Bigatton’s wrongdoing,…

Calculating Your Life Insurance Needs: Methods and Tips Life insurance is an essential financial tool that provides peace of mind and financial security for your loved ones in the event of your passing. However, determining the right amount of life insurance coverage can be a daunting task. Factors such as savings, debts, income, and family…

Exploring the Role of a Portfolio Manager: Responsibilities, Qualifications, and Career Path Are you interested in a challenging and rewarding career in finance? Do you have a passion for analyzing markets, creating investment strategies, and helping clients achieve their financial goals? If so, a career as a portfolio manager might be the perfect fit for…

Navigating the World of Robo-Advisors: What You Need to Know The Rise of Robo-Advisors: A New Era of Investing In the past, investing in the stock market was a privilege reserved for those who could afford to hire a broker. However, with the advent of online trading apps and robo-advisors, investing has become more accessible…