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How businesses can better prepare for the loss of key personnel

WebKeyperson evaluation. There are three methods available to determine the amount of cover required to make provision for the loss of a key employee: Seven times …

Actived: 1 days ago

URL: https://www.nfb.co.za/knowledge/articles/knowledge-detail/2021/07/09/how-businesses-can-better-prepare-for-the-loss-of-key-personal

I have had to take early retirement: What are my options

WebRetirement Annuity. Retirement annuities are the basis for most when it comes to saving for retirement as you only have access to the funds at age 55. However, …

Category:  Health Go Health

What kind of insurance should you be considering for older …

WebThe most important insurance you should be considering is a permanent disability or incapacity benefit. In the unlikely event that your child becomes permanently …

Category:  Health Go Health

New rules for provident funds

WebA provident fund member who is 55 years or older at the 1 st of March 2021 will not be subject to the new rules for provident funds, regardless of whether further …

Category:  Health Go Health

Late Joiner Penalty’

WebTo determine the applicable penalty band to be applied to a late joiner, the following formula is used: A = B minus (35 + C) “A” means the number of years to be …

Category:  Health Go Health

Medical Aid considerations in the time of a pandemic

WebIn previous years, the Council for Medical Aid Schemes (CMS) has recommended medical aid providers increase their premiums by inflation + 3%. This was widely seen as an …

Category:  Medical Go Health

The effects of retrenchment on financial well-being and retirement

WebThe effects of retrenchment on both the employee and his or her broader family have far reaching implications. Many retrenched individuals will have immediate …

Category:  Health Go Health

The impact of COVID-19 on South African medical schemes

WebIn 2021, this medical scheme introduced an average weighted increase of 0.45% for 2022, but in 2023, its members will be paying an average weighted increase of …

Category:  Medical Go Health

How Much Should I Have Saved by Now

WebAt age 30, you salary would have grown to approximately R626 000 p.a. If you save 15% of every monthly salary and those savings grow at 8% per annum — I’ll spare …

Category:  Health Go Health

NFB Private Wealth Management Tell Us Who You Are

WebIndividual wealth management. We offer individuals the opportunity to build close, long-lasting relationships with professional wealth managers and financial planners dedicated …

Category:  Health Go Health

Healthcare Advisory

WebMedical Schemes. Our specialised Healthcare Advisory division is dedicated to offering a superior healthcare consulting and brokerage service, giving you exactly the advice you …

Category:  Medical Go Health

What to consider a year before retiring as a member of the GEPF

WebResigning from the GEPF enables you to manage your own post-retirement capital and income. One consideration is period of service at time of career retirement: …

Category:  Health Go Health

The impact of the recent interest rate hike

WebThis latest hike sees the interest rate grow to 4% while the prime lending rate increases to 7.5% and is part of a normalisation of monetary policy. The consensus …

Category:  Health Go Health

What are my Annuity Options at Retirement

WebAt retirement, you may split the funds and purchase more than one annuity, but after retirement, no further spitting can be done. There are two types annuities in …

Category:  Health Go Health

Is government taxing the wealthy out of SA

WebAccording to AfrAsia Bank’s 2021 World Wealth report more than 4,000 high net worth individuals emigrated from SA in the past decade. The national treasury has …

Category:  Health Go Health

Financial Advisors

WebFinancial advisors can benefit from the following areas of expertise within the broader Group. Our individual strategies: Private Wealth Management. Asset Management. …

Category:  Health Go Health

Is a failure to implement reforms quickly enough putting the …

WebIssues such as a universal basic income grant as well as the proposed National Health Insurance (NHI) would be very difficult to implement without …

Category:  Health Go Health

South Africa's Current Account is in Surplus

WebManaging Director and Private Wealth Manager. South Africa recorded its first current account surplus in 17 years in the first quarter of 2020 because of a trade surplus …

Category:  Health Go Health

COVID-19 Communique from our Group CEO Anthony Godwin

WebNVest Financial Holdings in the Context of COVID-19 As details about the spread of COVID-19 dominates our news feeds and media every hour, the picture has …

Category:  Health Go Health

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