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Investors should anchor on long-term strategies amid election uncertainty
Allan Gray advises against reactive investing, noting that equities, despite their risks, have historically been the best-performing asset class.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreAllan Gray advises against reactive investing, noting that equities, despite their risks, have historically been the best-performing asset class.
But a co-manager of the Equity Fund believes the domestic exchange offers compelling investment opportunities.
You can break tax residency via the SARS tax emigration process or annually via the application of a double taxation agreement.
Whether the objectives as set out in the Budget are achievable will be determined by the government’s political will to anchor expenditure and put resources to better use.
All stakeholders emphasise the need to finalise the amendments to the Income Tax Act and the Pension Funds Act.