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01 Oct 2019 KEY ESTATE PLANNING FACTORS TO CONSIDER WHEN MOVING ABROAD +

In our modern, globalised world, many people are moving abroad, whether just temporarily or permanently emigrating, or they have children who have moved abroad. However Citadel Fiduciary Director Theunis Ehlers warns that there are serious financial considerations that must be taken into account when deciding to emigrate, if you are to avoid an extremely nasty surprise at a later stage.

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23 Sep 2019 FIVE KEY REASONS NOT TO DIY YOUR INVESTMENTS +

The rise of new technologies and fintech has made investing simpler, more transparent and cheaper than ever before. So, in a world where investing is as easy as ordering take-out, what are the dangers of self-managing your investments, and why should you consider seeking professional financial advice? Citadel Director and Durban Regional Head Nic Horn discusses the five key reasons to think carefully before adopting a DIY approach to your investments.

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03 Sep 2019 STILL HOPE FOR A NEW DAWN? +

With GDP up 3.1% in the second quarter of 2019 (seasonally adjusted, annualised) and 0.9% for the year to June 2019, the markets have responded positively. The rand appreciated by some 10 cents on publication of the data and bonds yields declined by about 10 basis points. ‘It is comforting to see that we have avoided a technical recession, but most interesting is to note the severe impact that load shedding can have on the country’, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

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28 Aug 2019 THE TRUST IS DEAD – LONG LIVE THE TRUST! +

Increasing focus on trusts by revenue authorities, both locally and offshore, has created the perception that trusts are being targeted – especially from a tax perspective – and that they are going to become obsolete. The question now is should trusts still be used in estate planning, or has their star faded? According to Citadel Fiduciary Managing Director Hilary Dudley, trusts still have an important role to play within estate planning if they are formed for the right reasons, offering benefits such as asset protection and continuity.

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22 Aug 2019 HOW TECHNOLOGY IS CHANGING THE WEALTH MANAGEMENT INDUSTRY +

One of the most significant trends in the wealth management industry in recent years has been increasing adoption of technology as both a facilitator and a driver of growth. Citadel CEO Andrew Möller points in particular, to the emergence of automated investment services that make use of artificial intelligence (AI) has given rise to the provision of automated or “robotic” advice (robo-advisors) that help to democratise the industry and provide access to a far larger proportion of the population than before.

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30 Jul 2019 CASH IS NOT THE SAFE HAVEN YOU MAY THINK +

From Trump’s trade wars and the looming threat of a credit rating downgrade in South Africa, rising waves of political and market volatility have left investors wondering whether it wouldn’t be better to keep assets safely tucked away in cash. Citadel Advisory Partner Daryl Coker advises that whilst cash is a traditional safe haven - it offers safety from volatility but not inflation.

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22 Jul 2019 PASSIVE VERSUS ACTIVE INVESTING +

It’s believed that the choice between passive versus active investing is a simple one to make, however in reality there should never be a binary choice between active or passive investment vehicles as the sole solution to your investment needs. Citadel Chief Investment Officer George Herman says it’s important to understand the arguments surrounding passive versus active investing, and why, despite the growing popularity of passive products, there should always be room for active investments in your portfolio.

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10 Jul 2019 WHAT TO DO (AND NOT TO DO) WITH A FINANCIAL WINDFALL +

Who hasn’t dreamt of receiving a sudden cash windfall? However becoming instantly rich, or even receiving just a healthy boost of cash, can bring many more problems than it solves, warns Citadel Advisory Partner Anelisa Mti. Mti offers six suggestions of what to do to avoid the pitfalls of landing a windfall, to ensure that you are able to maximise the opportunity to provide for your retirement and leave a legacy.

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25 Jun 2019 ARETHA FRANKLIN’S THREE WILLS AND THE DANGERS OF DIY-ING +

It may be tempting to “DIY” your will in order to cut costs, but if the latest developments regarding Aretha Franklin’s estate teaches us anything, it should be the dangers of delaying or cutting corners in drawing up this vital legal document, cautions Citadel Fiduciary Managing Director Hilary Dudley.

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04 Jun 2019 GDP HORROR SHOW +

The latest GDP figures from Statistics South Africa indicate that the economy has shrank by -3.2% quarter-on-quarter (seasonally adjusted and annualised) – the biggest plunge since the 2008 global financial crisis, and the second highest drop seen in over two decades. Citadel Chief Economist and Advisory Partner Maarten Ackerman says ‘This decline was twice the number anticipated by general consensus, and almost immediately saw the rand shed another 20 cents against the dollar, touching R14.60/$, while bond yields rose by nearly 15bps.’

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