| Liberty Monthly Communication |  |
February 2011 |
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After the initial economic bounce back after the recession, global growth is expected to plod along
at a slow but solid pace. Developing economies will fare better but concerns remain over Europe which
is struggling with high levels of debt.
Locally, February is the month of the annual national budget. There is a lot we can learn from the way that government has improved the transparency of the national budget and lowered the country's debt levels. The talking point will be whether or not Minister Gordhan increases our tax rates this year. Find out more in our local and global economic reviews. |
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Many of our New Year's resolutions may have fallen by the wayside. What we need to help us follow our good intentions is a plan. Liberty's Month-to-Month Guide to Getting your Finances in Order provides you with a simple 12 month plan that will see you financially fit by this time next year. Planning for the year is really just a starting point to planning for the rest of your life. For many of us it is difficult to imagine our lives 30 years ahead let alone make sacrifices today for that life. We interviewed 95 year old Rosslyn Maude Magill who proves that life just begins at 60. Read about this remarkable woman who took up piano lessons at the age of 91 in Saving for a Second Life. February is also the month to consider topping up your retirement annuity or your pension fund (if your company allows it). The Receiver of Revenue allows you to save up to 15% of your income in a retirement product tax-free. In order to benefit from this tax saving you need to make your lump sum contribution before the end of February which is the end of the tax year. Read 10 Reasons to Invest in an RA and speak to your financial adviser to ensure you have made the most of this tax benefit. |
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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] If you don't have a financial adviser or if you have any questions about your policy, please call us on 0860 456 789 or email [email protected] Kind regards Steven Braudo Chief Executive Officer: Liberty Retail SA |
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Global economic review
STANLIB economists Kevin Lings and Laura Jones write about the outlook for the global economy in the year ahead. Read more. Weekly economic updates
The Weekly Focus is a commentary on markets, economies and investments prepared by Paul Hansen and Kevin Lings of STANLIB. You can read the latest developments every Tuesday by following the link on www.liberty.co.za Performance alert
In the latest Alexander Forbes Large Manager Watch for Global Funds (pension funds managed by SA fund managers, including offshore), STANLIB came 1st in 2010 out of eleven large asset managers in SA, with a return of 18%. The average return was 14.6% and last-placed return was 11.7%. |
Local economic review
Liberty Life consumer economist, Tendani Mantshimuli, writes about the benefit of having a prudent national budget. Read more. Investment portfolio information
Investment portfolios offered by Liberty: performance, risk profiles, asset allocation. Click here. Online Policyholder Servicing
Download tax certificates, view policy values and other information, update your details. Click here. |
A plan for the year
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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." |