| Liberty Monthly Communication |  |
April 2010 |
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The STANLIB Economic Crisis Monitor shows that global economic recovery is on track, despite some concerns
recently with the European Union being called on to bail out Greece. The risk remains with when and how
governments begin to increase interest rates and reduce government spending. High levels of unemployment
remain a concern both locally and abroad.
Find out more in our global economic review. |
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It is now four months into the new year and a good time to stand back and assess how South Africa is doing and what this means for the individual. In the article Taking Stock, Liberty economist Tendani Mantshimuli makes sense of what has happened in the last four months and how this bodes for the rest of the year. Are we out of the woods yet, or do we still need to remain cautious? Unemployment remains a serious concern with nearly 900 000 people losing their jobs last year. In light of this finance minister Pravin Gordhan announced some major changes to the way retirement funds are taxed on retrenchment. Michelle Human takes a look at these changes and how they affect your retirement provisions in Making your retirement savings recession-proof. Still on a tax theme, SARS is collecting information in order to verify individual tax returns. This means that we need to update our records and we may contact you if we are missing information required by SARS for your tax certificates. More information is available in the newsletter note Update your tax details. As part of our aim to continuously deliver products and services that meet our clients' needs, Liberty has recently made significant changes to the way we insure diabetics. If you suffer from diabetes or know someone who does, we encourage you to read the article Taking Control of Diabetes. |
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Thank you for the feedback we have received on these newsletters so far. Your comments and suggestions will help us to give you relevant information for planning and managing your finances. Please keep talking to us and telling us what you think! You can email your comments to [email protected] Kind regards Steven Braudo Chief Executive Officer: Liberty Insurance |
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Global economic review
STANLIB economists Kevin Lings and Melissa Dyer update the STANLIB Economic Crisis Monitor. Read more. Weekly economic updates
The Weekly Focus is a commentary on markets, economies and investments prepared by Paul Hansen, Kevin Lings and Melissa Dyer of STANLIB. You can read the latest developments every Tuesday by following the link on www.stanlib.com |
Taking Stock
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"Liberty Group is an Authorised Financial services Provider in terms of the FAIS Act (Licence no. 2409). The information contained in this communication, including attachments, is not to be construed as advice in terms of the Financial Advisory and Intermediary Services Act of 2002 ("FAIS") as the writer is neither an appointed representative of Liberty, nor a licensed financial services provider as contemplated in FAIS. Please consult your financial adviser should you require advice of a financial nature and/or intermediary services." |