New pressures are making it harder than ever to plan for a financially secure retirement, but it remains critical. Understanding the problem is the first step. By Alex Cook, CEO, GCI Wealth The sandwich generation generally describes those who fall into the broad age group between 40 and 60. These individuals are at the height of their earning power, just when they should be focusing on building up sufficient capital
The confusion over the projected reform of retirement fund regulations clearly shows that there is a critical need for education and advice. Employers and labour lawyers should be partnering with independent financial consultants to deliver better value. We can all agree the South Africa is going through difficult economic times. Click here to read more Article Source: Cover Magazine
GCI Wealth Saves IFA Practices with Effective Succession Planning Thinking about the future can be exciting and, sometimes, overwhelming. We can’t predict with complete certainty what each day will bring but we can plan for the worst, and hope for the best. Effective Succession Planning By implementing an effective succession plan through GCI Wealth, a range of IFA practices have been able to actively plan for a futu
With the right advice from experienced financial experts, people can achieve up to four times the wealth they could achieve alone, says GCI Wealth. Speaking ahead of the Investment & Retirement Expo, boutique financial planning and investment group GCI Wealth said too many people implicitly trust their companies, who are taking their cue from insurance firms, when it comes to planning for their retirements. GCI W
By Alex Cook, CEO of GCI Wealth The legislative changes and the retirement reforms proposed by National Treasury for 2015 are going to have a massive impact on anyone who has already begun planning for their retirement. The first major change is referred to as T-Day, which will take place on 1 March 2015. From this date forward, two significant changes are to take place. The first of these is that company contributio
George Ross: Why we all need to plan our future. About GCI: “You’ve got a wonderful practice, something which is very much in demand and if anybody doesn’t want to use your services, it’s their mistake” …
By Dennis Conway RFP™ Your Last Will & Testament is one of the most important documents that you will ever sign. It is more important in its own way, than the hundred or more contracts and documents that you will sign in your lifetime. We all die sooner or later. Through our wills, our wishes we have legal force in what we want for our loved ones or special causes we may care for. Your estate, to which your will
We have recently been assisting clients in moving their British Pension to QROPS. QROPS stands for Qualifying Recognised Offshore Pension Scheme. A QROPS is an HMRC approved offshore pension scheme available to members of a British pension scheme who no longer live in the UK. The two major benefits of using a QROPS are: 1. Capital is protected from pension schemes being wound up due to being underfunded One in three
Yesterday the Finance Minister, Mr Pravin Gordhan, delivered the National Budget Speech with National Budget proposals for South Africa in the next fiscal year. Please click on the link below for the SARS SUMMARY of the 2014 BUDGET: Budget PocketGuide 2014 (F) Are we moving in the right direction? We welcome any comments or thoughts….
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..."