The expected return on an investment depends on the type of investment and the market for that investment at the specific time.
The Alpha Team aims to diversify our clients' portfolios in order to ensure safe investing and the best possible return within our clients' specific financial goals.
Contact us for more information.
The period of your investment is determined by the type of investment, the return that you are expecting on that investment and your specific investment profile.
This determination can only be made during an in-depth consultation with a Financial Adviser.
Contact us for more information on your investments: firstname.lastname@example.org
Whether it is possible to withdraw funds from investments is determined by the type of investment. However, we do not encourage the withdrawal of funds as this deters your long term Returns.
We recommend that you consult with your Financial Adviser before making any decisions as to the disinvestment of funds. A Financial Adviser draws up a plan that assists you meet your financial goals, whether long term of short term, based on your very own circumstances. Disinvestment may have an impact on your financial goals and your plan may need revision by your Financial Adviser for the best possible future outcome.
Contact us to consult with a Financial Adviser: email@example.com
No, you cannot obtain life insurance on a person to whom you are not related. Insurance companies require there be an insurable interest between the person on whose life insurance was obtained and the person who takes out the insurance at the inception of the policy. If you obtain life insurance on the life of a person to whom your are not related to and there is no insurable interest, you run the risk of the life insurance policy not paying out.
Contact us if you are not sure whether you can take out life insurance on the a particular person: firstname.lastname@example.org
You are under-insured when the value of your property or item specified in terms of your insurance policy is less than its replacement value at the time of the damage thereto or the loss or theft thereof.
The replacement value of your house is R800 000.00, but your insurance policy states that it is only insured for R600 000.00.
Therefore, you are under-insured by 25%. This will result in your insurer only paying out 75% of your damage to property or loss thereof should a claim be submitted.
Contact us if you are experiencing any uncertainty in this regard: email@example.com
An Insurance Broker normally sells you an insurance product, even if it is not suitable for you. He/she does not take an in-depth look at your financial needs or future financial goals. He/she is being paid a commission by the product provider for selling the product to you.
Financial Advisers, on the other hand, provide a service: giving financial advice tailored to your financial wants and needs. They construct a plan to help you meet your wealth goals. This advice does not necessarily lead to you buying an insurance product. The client bears the cost of the service rendered by the Financial Adviser; however, where there is a recommendation for you to buy an appropriate insurance product and you choose to follow the recommendation, the commission is payable by the product provider. The fees payable by the client for the service rendered by the Financial Adviser may be set off against the commission received from the product provider.
For more information, contact us: firstname.lastname@example.org
Financial planning done by a Certified Financial Planner (CFP®) involves the six step approach in order to ensure that the CFP® has obtained every detail necessary to provide a client with sound and well-tailored financial advice that creates the probability of clients meeting their financial goals in their chosen time frame. These six steps are as follow:
Establish and define the relationship with the client;
Collect the client's information;
Analyse and assess the client's financial situation;
Develop the financial planning recommendation and present them to the client;
Implement the client's financial planning recommendations; and
Monitor and review the client's financial plan on an ongoing basis.
The Alpha Team takes pride in our job to help you meet your financial needs and create your future financial well-being.
Contact us to help you meet your financial goals: email@example.com
Yes, businesses also require Financial Planning as a component of Business Planning. Financial Planning for businesses commonly include:
1. Key person policies;
Key person policies are generally taken out on the life of business partners or employees who possess a skill that is very difficult to replace. This policy will pay out to the remainder of the partners in order to ensure that they are put in funds to acquire the insured's share in the business upon his/her death. In case of an "irreplaceable" employee, the policy will pay out to cover any damages to the business that may arise from his/her death for the time being to replace him/her or train another employee to do his/her job.
2. Third party insurance; and
Third party insurance covers possible claims against the business by a third party for any damage caused on business premises, whether it is to their property or their person.
3. Short-term insurance.
This includes insurance for buildings belonging to the business, equipment and assets belonging to the business that is needed to render services.
Contact us for more information: firstname.lastname@example.org
Some financial products entail Income Tax Deductions.
For example, there's a limited deduction from Income Tax for interest earned each financial year depending on the age of the Taxpayer, and certain contributions to Pension Funds are also deductible for purposes of Income Tax.
Contact us to discuss the tax implications of your financial products: email@example.com