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 seem to be waking up to the fact that debt should be avoided, we still are not saving enough. The majori
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 swak spaargewoontes dryf, maar ek glo die onderliggende rede is dat te veel mense
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 poor savings habits. I believe the underlying reason is that many people see saving as
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 that more than 40% of respondents from the Saving Monitor said they have no form of form
Alex Cook, GCI Wealth 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 focus on happiness: what it really is, and how we can create it in our
Press Release Sasfin and GCI Wealth, a boutique financial planning and investment group, announce that certain financial advisors will be transferring from Sasfin Financial Advisory Services (SFAS) to GCI Wealth. The move was prompted by Sasfin and forms part of their strategy to become a leading Wealth Management business. Alex Cook, GCI Wealth CEO, says the company is proud to have been chosen by Sasfin advisors to
August ended with GCI Wealth on RSG Geldsake. Natasja Hart discussed the pitfalls of spending and how consumers have become increasingly aware of what they spend, daily. As Alex Cook said, “Radio killed the TV star.” The phones wouldn’t stop ringing as listeners called in to discuss how to improve poor spending habits and reduce expenses. Natasja slayed it! Mic drop!
Risk Profiling is a hot topic in the financial planning industry at present. The Financial and Intermediary Services (FAIS) Ombud and the Financial Services Board have clearly indicated that they see risk profiling as an important and integral part of the advisory process, and a pillar of the Treat Customers Fairly (TCF) initiative. By contrast, many financial planners see it as a highly problematic exercise, and one
Planning for a financially secure retirement is hard enough, but life often bowls a curve ball. The company retirement fund and group life policy is the best way a company can help.
By Jeremy Hawson, GCI Employee Benefits Divisional Manager
Participation in a group life scheme and retirement fund remains one of the most valuable employee benefits a company can offer, but they’re often... more»
"Good morning Alex, It takes a Special person to look after the interests of others. The ability to move funds and portfolios quicker than the rest was the selling point for me. Thank you for your wonderful work...."
"My husband passed away on the 15th July 2014 due to a massive heart attack. At that time I was unaware but was recently informed that it was members of the GCI Team that played a major role in helping..."
"Dear Mr Conway, I have been dealing with you for six years now and thought I would send a brief letter to you to express my appreciation for the service I receive. I have found GCI standard of service beyond..."
"My husband, Adrian Wright who was a Director of GCI (in Sedgefield, Western Cape), died very suddenly after a short illness in January 2009. Although I was fundamentally aware of our financial position, I was totally ignorant of tax implications,..."
"Dear Alex, It must be about 3 years since I decided to merge my business with GCI Wealth Group. I had spent many years building up my client base and have always operated on the basis of offering my valued..."