I cannot believe that we are already nearly through April. It is now time for your next Step on your Vitality journey.
By now you should have already done all of your online assessments for yourself, your children as well as any adult dependants and through doing these you were able to activate your HealthyFood Benefit.
I will now take you through some additional steps and will show you how to activate your HealthyCare and HealthyGear benefits.
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Welcome to 2016! A New Year calls for a fresh start, so there is no better time to find out how healthy you are, get healthy and get rewarded with Vitality. In addition, you will earn Vitality points along the way too. Remember, if you reach Gold Vitality status this year, you will stay on Gold for the whole of 2017, and you will enjoy all the great benefits that come along with it.
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New Year’s Resolution: Prepare for a successful retirement
You might have heard the statistics on the current retirement landscape in South Africa, where only 6% are properly prepared for retirement. This is due to the fact that people are living longer, healthier lives, and are therefore living longer in retirement.
The question then becomes how does one properly prepare for retirement and you may start asking yourself if you are properly prepared for retirement. The key to having a successful retirement is to start saving as early as possible to ensure that you have enough money at retirement. You would also need to be conservative with your income in retirement to ensure that your fund value is not depleted and therefore can sustain your annuity income for longer.
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We are pleased to announce that the contribution increase for 2016 has come through at an average increase amount of 8.6%. Discovery Health has, along with the annual increase of 8.6%, increased benefits in line with this annual increase.
These are touched on below:
By Wayne McCurry – Recent (and ongoing) Market Turmoil
As all of us are aware financial markets, specifically equity, have been very volatile lately, with material falls both locally and globally. This coupled with severe currency fluctuations, has now started to cause anxiety for investors. I will try and make some sense of all of this by explaining the reason, possible outcomes and what investors must consider.
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By Ingé Lamprecht
Following the introduction of tax-free savings accounts on March 1, product providers have started their marketing efforts and a wide variety of options are now available.
Tax-free savings accounts offer South Africans the opportunity to invest up to R30 000 per annum (R500 000 over a lifetime) and investors won’t pay any tax on the returns (capital gains, dividends and interest) in these accounts.
But as investors start to ponder the pros and cons of using tax-free savings accounts in their personal investment portfolios, a number of important questions have been raised.
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By Investopedia Staff AAA
You might be familiar with the risk-reward concept, which states that the higher the risk of a particular investment, the higher the possible return. But many investors do not understand how to determine the risk level their individual portfolios should bear. This article provides a general framework that any investor can use to assess his or her personal risk level and how this level relates to different investments.
This is a general concept underlying anything by which a return can be expected. Anytime you invest money into something, there is a risk, whether large or small, that you might not get your money back. In turn, you expect a return, which compensates you for bearing this risk. In theory the higher the risk, the more you should receive for holding the investment, and the lower the risk, the less you should receive.
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