taxable income

What are the chances?

Today, eighteen years ago, the owners of the World Trade Centre’s twin towers could never have imagined the simultaneous destruction of both towers. In fact, they believed the probability to be so far-fetched that they only ever insured one of… Read More ›

Understanding retirement annuities

In the not-so-distant past, retirement annuities fell exclusively in the domain of South Africa’s life insurance companies who sold very expensive retirement annuities that paid insurance brokers massive upfront commissions. In many instances, the actual investment portfolios of the RA… Read More ›