Blog
Fire damage – understanding what your insurance will and won’t cover
Fire damage – understanding what your insurance will and won’t cover Jaco Erasmus – Director of Cornerstone Insurance Brokers The recent headlining fires that devastated the University of Cape Town’s Library and Table Mountain, have made the public acutely aware of the devastation an uncontrolled blaze can unleash. What makes fire damage so traumatic to […]
Monthly Market Commentary – April 2021
Monthly Market Commentary – April 2021 South African Property comfortably outperformed all other asset classes for the month with global property the second-best performer. Property was buoyed by global yields falling back slightly and positive economic data providing a strong tailwind to a pro-cyclical asset class. The rand strengthened over the month which tempered returns […]
Buy and sell agreements: What is it? Why do you need it? How do you get it?
Buy and sell agreements: What is it? Why do you need it? How do you get it? – Chanelle Taylor (Director, Cornerstone Financial Planning) 2020 has sadly seen many businesses suffer and close down, but it has also resulted in the emergence of highly innovative start-ups that are disrupting almost every industry in the world. Many […]
What is the difference between wealth management, legacy planning, estate planning and financial planning?
What is the difference between wealth management, legacy planning, estate planning and financial planning? – Paul Damant, CFP (Director, Cornerstone Investment Advisory Services and Managing Director, Cornerstone Financial Services Group of Companies) With much of the COVID-19 dust settling, many people are becoming more aware of their financial wellness and once again prioritising their financial future. […]
9 attributes to look out for when appointing an accountant
9 attributes to look out for when appointing an accountant Chanel Raath (Director of Cornerstone Tax and Accounting Services) Warren Buffet famously said that “Accounting is the language of business” and thereby reiterating the absolute importance of correct, professional, and clever accounting within every business. We wholeheartedly agree with Mr Buffet, and we would add […]
Smart Insurance: Finding the right balance between price and quality cover
Smart Insurance: Finding the right balance between price and quality cover Jaco Erasmus – Director of Cornerstone Insurance Brokers Since the inception of modern short-term insurance, it has been a grudge purchase. As an intangible product, it is often hard to justify paying for something each month that you may never use. “Cheap insurance” has […]
Monthly Market Commentary – March 2021
Monthly Market Commentary – March 2021 South African Equity has continued its good run of form, posting a decent 3.5% return over the month of March. Interestingly the local equity market was largely driven by the more domestically focused and smaller market cap constituents. Following in this theme SA Listed Property provided another good month […]
Monthly Market Commentary – February 2021
Monthly Market Commentary – February 2021 South African Property had a spectacular month returning 8.6% followed by SA equity which posted a very respectable return of 5.3%. The JSE was primarily driven by sharp gains in resource counters, these were supported by impressive financial results and the tailwinds of global commodity prices. The rand was […]
Nearly 100 000 traumatic brain injuries are reported in SA every month – what if it happened to you?
Nearly 100 000 traumatic brain injuries are reported in SA every month – what if it happened to you? – Chanelle Taylor (Director, Cornerstone Financial Planning) March is World Head Injury Awareness month and during this month most healthcare providers aim to raise awareness around head injuries, mainly focussing on prevention and treatment. With nearly 100 000 traumatic […]
Treasury’s retirement reform initiatives – all you need to know
Treasury’s retirement reform initiatives – all you need to know -Letlhogonolo Lesiba, Director of Cornerstone Employee Benefits 2020 was a difficult year for many reasons, but what comes to mind first is the impact the last 12 months had on the financial stability of individuals, companies and the economy. Safe to say that many people […]
4 reasons to get Gap cover today
4 reasons to get Gap cover today – Tanya Motlafe (Director of Cornerstone Healthcare Consulting Services) GAP cover has been around for quite some time but is has never been more relevant than now. Many people are downgrading their medical aid plans due to financial constraints which in turns lowers their cover. If you downgrade your […]
Monthly Market Commentary – January 2021
Monthly Market Commentary – January 2021 South African Equities led the way in January while South African property gave back over 3% after two months of strong performance in the asset class. Although the rand weakened over the month, it was not enough for global asset classes to outperform the JSE. The local bourse was […]
You end-of-tax-year checklist – 3 ways to increase your tax return before the end of Feb
You end-of-tax-year checklist – 3 ways to increase your tax return before the end of Feb In less than a month, the current tax year will come to an end and soon thereafter all South Africans will be frantically busy submitting their tax returns to SARS. It’s no secret that everyone loves getting a big […]
A well-structured employee benefits scheme should be in your 2021 business strategy, here’s why
A well-structured employee benefits scheme should be in your 2021 business strategy, here’s why -Letlhogonolo Lesiba, Head of Employee Benefits The new financial year is upon us and many business owners have next year’s strategy built out, filled with new ideas and innovative ways to grow and scale their business. Each company strategy is different, […]
Monthly Market Commentary – December 2020
The rand continued to strengthen in December as South Africa (SA) benefitted from the risk-on environment and emerging market (EM) appetite by global investors. SA property was once again the strongest performing asset class with a 13.7% return for the month (+17.5% in November). The strengthening local currency depressed rand returns for global asset classes, […]
