Dear valued Clients & Associates
We trust that you and your family are keeping well as we approach the halfway mark of 2026.
At TvZ, we are reminded daily that successful financial planning is not about predicting the future, but preparing for it. Markets, interest rates and economic conditions continue to move through cycles, yet the importance of disciplined planning, appropriate risk cover and long-term investing remains unchanged.
As always, our focus remains on providing personal service, sound advice and ongoing support to help you navigate your financial journey with confidence.
Klik asseblief hier vir die Afrikaanse weergawe van die Nuusbrief
DAILY OPERATION
Over the past decade the world has moved further away from paper and embraced digital documents and signatures as the new normal.
For this reason, TvZ has partnered with Quicklysign, a South African based company that specializes in secure and legally compliant e-signature technology. Some of Quicklysign’s notable customers include Sanlam, Santam, Momentum, Fairtree and many more reputable financial institutions.
This technology uses two-factor authentication where signees receives an one-time PIN (OTP) when opening and signing an electronic document. Removing the need to print, sign and scan every document.
Many clients will already be familiar with this technology as banks have used a similiar system for years with regards to online payments.
While we are embracing technology, we firmly believe that the human element remains at the heart of financial planning.
COMPLIANCE
Over the past 4 years, our team has spent hours ensuring our systems & procedures comply with the FIC & FAIS acts. South Africa’s brief inclusion on the Financial Action Task Force’s (FATF) grey list forced accountable institutions to dramatically upgrade their anti-money laundering frameworks.
The Conduct Of Financial Institutions (COFI) Act has been approved by cabinet and is awaiting parliamentary approval to ensure conduct of financial institutions that is focused using TCF (Treating Customers Fairly) as its guiding principles. We are happy to announce that our practice has used TCF as our guiding principles for years and have already started the process to ensure our systems & procedures are in line with the upcoming COFI act.
SAVINGS & INVESTMENTS
The first half of 2026 has been a period of market volatility – both locally and internationally – mostly due to the conflict between the US & Iran. The conflict resulted in a fifth of the world’s oil movement coming to a halt. This in turn increased inflation and higher interest rates as transport costs increased substantially.
Despite these challenges, local & global equity markets, along with local bonds and listed property funds, have performed exceptionally over the 1 and 3 year periods. This resulted in our portfolios significantly outperforming their respective inflation plus targets.
While periods of uncertainty can be unsettling, history has consistently shown that investors who remain focused on their long-term objectives, are rewarded over time.
At the time of writing this newsletter, a permanent peace deal between US & Iran was announced.
Diversification remains a key component of our investment philosophy. By maintaining exposure to both local and international markets, equities, bonds, listed properties, cash & hedge funds, our investment models are designed to help clients navigate changing market conditions while remaining focused on long-term growth.
TAX
SARS has annouced Auto Assessments will take place between 1 July and 12 July 2026. Individual taxpayers, who are not provisional taxpayers, will be able to submit returns from 13 July until 23 October 2026. Provisional taxpayers and trusts have until 22 January 2027 to file their returns.
As in previous years, we encourage clients to carefully review any Auto Assessment received from SARS, as omissions and errors are a possibility.
If you receive any correspondence from SARS, please forward it to Janneri for verification. Tax season remains a popular period for phishing scams and fraudulent communications.
To change any personal information, like Bank Details, please notify Janneri well in advance of the tax season. SARS requests supporting documentation to update the details and this takes time to verify.
We process approximately 300 tax returns annually and kindly ask for your patience during this busy period.
The 2026 Budget introduced several positive changes for taxpayers and investors. Personal income tax brackets, rebates and thresholds have been adjusted in line with inflation.
The annual Tax-Free Savings Account contribution limit has increased to R46 000, while the annual retirement fund deduction limit has increased to R430 000.
These changes provide valuable opportunities to improve tax efficiency and strengthen long-term financial planning strategies.
Feel free to contact us to find out how you can use your tax exemptions optimally.
LIFE INSURANCE & RISK COVER
Life insurance remains one of the most important components of a sound Financial Plan. We encourage clients to review their Life, Disability and Severe Illness cover periodically to ensure their benefits remain aligned with their family’s needs and financial obligations.
Over the past year we have had numerous Severe Illness & Disability claims and seen first-hand how the payouts supported clients who face exorbitant medical costs or lost their earning ability.
Please contact us to review your financial plan if you have recently experienced major life events, such as marriage, having a child, buying a home, or changing careers. Our annual review meetings do include a review of your risk benefits.
SHORT-TERM INSURANCE
The insurance industry continues to face increasing claims costs due to inflation, severe weather events and rising repair costs.
Rest assured that we are continually in communication with our insurance partners to ensure our clients are paying the best possible rates without compromising on cover and service.
Since the downfall of the SA Postal Office our practice has had to rely on email or hand delivery to ensure clients receive their quotes, amendments or renewals.
In line with COFI and POPI principles, our office will start to send renewal, amendments and quotations using Quicklysign electronic document technology. This will ensure clients receive their insurance schedules, policy contracts and summaries directly and securely.
We encourage all clients to review their insurance cover regularly to ensure vehicles, homes and household contents remain adequately insured.
Please take the time to review your policy schedules and advise us of any significant purchases, renovations or lifestyle changes that may affect your cover requirements.
IN SUMMARY:
The first half of 2026 has once again demonstrated the importance of planning ahead and remaining focused on long-term goals. While economic conditions and markets may fluctuate, a disciplined financial strategy remains one of the most effective ways to build and protect wealth over time.
We are currently updating our website & socials and would greatly appreciate it if you could rate or like our service on our Facebook or Google links.
