Choosing the right annuity can mean the difference between a comfortable life and financial despair when you retire. But how do you choose between a living and a guaranteed annuity? And what is the difference between the two? Nicolette Dirk spoke to the experts to help you make the best choice. The difference between a […]
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Some debt administrators are profiteering from debtors’ repayments by charging fees that far exceed the legal limits. October 6, 2007 By Laura du Preez Debt administrators are deducting illegal fees that are conservatively estimated at R800 million from repayments made by over-indebted low-income earners. Low-income earners who are unable to keep up their debt repayments […]
We have all recently heard about African Bank’s demise. In two days, the value of ABIL shares dropped by almost 90% and subsequently, The South African Reserve Bank placed African Bank under curatorship.
Seasons come and seasons go. Spring is here and it’s time for a fresh start for your finances. You know that old, old debt that you have almost forgotten about but still lingers in the back of your mind? Well, it is important to know that you may not have to pay that debt back anymore. This is due to a legal clause known as prescribed debt.
Benay Sager joined The IDM Group (IDM) as Chief Operations Officer in September 2013. Previously, he was an Associate Principal at McKinsey & Company, a global management consulting firm, where he worked for six years. While at McKinsey, Benay primarily worked on Strategy and Operations projects in Financial Services, Energy, and Mining industries across three […]