Covid-19 and the recent ratings downgrades deal a double blow to retirement funds
The ground has shifted for SA retirement funds. This can only be so when their structural premise of long termism is undermined by exigencies of the short. Nobody has a clue of where the Covid-19 pandemic will lead. Neither can the impact of ratings agencies’ downgrades of SA to junk be fully quantified, perhaps less […]
Welcome to Trafalgar Property Management
Heritage Estate is pleased to welcome Trafalgar Property Managers on board as the managers of the Heritage Estate Body Corporate and Home Owners Association as of the 1st of May 2019. After a long process of interviewing and getting proposals from various managing agents, the Trustees elected to go with Trafalgar and their dedicated sectional […]
Pros and cons of moving retirement savings to another service provider
Many South Africans are suffering a reduction of income, some even losing their jobs due to the lockdown following the Covid-19 pandemic. There are a variety of ways that this will impact investors. Investors will have exposure to paying the rent or home loan instalments, food bills, keeping insurance premiums up-to-date, medical aids, savings and […]
Retirement and Mature Lifestyle Estates
South Africa’s’ elderly population is expected to double by 2050 according to the World Health Organisation. Its “World Report on Aging and Health” states: the portion of South Africa’s’ population aged 69 years or older will double from 7.7% to 15.4% of the country’s total population over the next 31 years – taking it from […]
5 Top Tips for Pension Planning
Pension planning is vital in overall financial and estate planning. Everyone has an annual allowance of pension contributions that attract tax relief and this can add substantially to a defined contribution pension over the long term. There are 5 tips to planning for life after work! Start Early – the earlier one starts and the […]
New regulations surrounding Sectional title and Home Owners Associations
It is important for purchasers in a Sectional Title Scheme to know the difference between the Provisions for Sectional Title and those for Homeowners Associations. The Department of Human Settlements, currently the umbrella body for Sectional Title schemes, has taken control of their regulation, by introducing “Community Schemes”. Marina Constas, specialist sectional title attorney and […]
Retirement and savings in South Africa
Knowing whether one has saved enough for retirement is one of the primary causes of financial anxiety for pre-retirement investors. The current investment environment, characterised by economic uncertainty, coupled with a choice of over 1 000 unit trusts and a myriad of different products, has made it increasingly difficult to make informed investment decisions, according […]
Retirement investments and property in South Africa
One of the biggest challenges facing South Africans at present is how to adequately prepare for retirement in our volatile and unpredictable economy. As a result, many people are opting for more flexible investments that adapt to the ebbs and flows of the economy in order to future-proof their finances and provide capital growth to […]
Heritage Estate and TruCare Age-well Solutions
Heritage Mature lifestyle Estate offers residents wellness programs and assisted living care through TruCare –Age-well solutions. “The move toward preventative care in the Estate, with homebased care options, is in line with the development all over the world.” says Marina Constas – director of BBM Attorneys and specialist sectional title attorney. “Accommodation for the elderly […]
Heritage Estate – Heritage House
Heritage House – Then – Springkell Sanatorium During 1908 to 1910, discussions took place between representatives of the Transvaal Government and the Transvaal Chamber of Mines, and an Association called the Transvaal Miners Phthisis (TB) Association was formed to treat miners with respiratory ailments. The Government donated a piece of land of approximately 20 acres with […]