Don McCulloch Old Mutual

It has been quite fascinating watching how the stock-markets have reacted to the Covid crises. First a BIG drop then a pretty sharp V shaped curve to just about the same place we were before. The crises has none-the-less shown the wisdom of first staying invested, and diversifying your investment geopolitical and across asset classes.

One of the problems with insurance products is that they try to be a one size fits all solution. Financial planning for individuals or companies means that each persons solution is different. This difference is met with Old Mutual Protect which not only allows the initial plan to be different but allows changes to be made through the life of the contract.

The Old Mutual risk product is changing to be more moduler. You can add and take benefits off your contract as you move through life

Hi Old Mutual has made a couple of COVID interventions. The first is free life cover for medical professionals in this period.

The second is premium changes and holidays are being allowed. Cover may be reduced or suspended. give me a shout on 0829620223 for further details.

Tax season is on us. Give me a shout if you need to increase your retirement annuity to reach your allowable tax deduction of 27.5% per year. 0829620223

Time to take stock of what your income is for 2017 and make provision for money to be paid into your retirement annuity. Remember that your allowable tax deduction for retirement funding is now 27.5%

The most undersold insurance product is disability. The reason for this is that not that many people become disabled (think about it how many do you know). The problem is that if you do become disabled it can be the most costly problem to manage.

2016 just about done and dusted. Retirement Annuities need to be revisited especially in light of the new retirement laws that allow most of us to put away 27.5% of our taxable income into an allowable tax deduction.

One of the things that the SA Government is doing well is trying to promote a culture of saving in the country, particularly retirement saving and to this end have upped the allowable tax deduction up to 27.5 %.