Why Reviewing Your Will Matters
A will is more than a legal document—it’s a vital tool to ensure your wishes are respected and your loved ones are protected after you’re gone. However, simply drafting a will is not enough. Life is dynamic, and so are your circumstances. Regularly reviewing your will is essential to ensure it always reflects your current wishes and situation.

Key Reasons to Review Your Will:

• Major Life Changes: Events such as marriage, divorce, the birth of a child, adoption, or the death of a loved one can significantly affect your intentions for your estate. Each of these milestones warrants a review of your will to ensure all intended beneficiaries are included and your wishes are up to date.
• Changes in Assets: Acquiring or selling property, starting a business, or significant changes in your financial situation should prompt a reassessment of your will. This ensures your assets are distributed according to your latest intentions.
• Legal Updates: Laws governing wills and estates can change. Regular reviews help ensure your will remains legally compliant and valid, preventing complications for your beneficiaries.
• Avoiding Disputes: An up-to-date will reduces the risk of misunderstandings and disputes among your heirs, providing clarity and peace of mind to your loved ones.
• Protecting Vulnerable Beneficiaries: If your will includes minors, elderly relatives, or dependents with special needs, regular reviews allow you to update instructions and safeguards as their situations evolve.

Experts recommend reviewing your will at least every five years, or sooner if significant life events occur

Our Partnership with Sanlam Legacy: Enhancing Your Estate Planning
We have been partnering with Sanlam Legacy, a collaboration that delivers exceptional wills, estates, and trusts services to our clients.
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Take Action: Review Your Will Today
Your will is a living document that should evolve as your life does. With the combined expertise and resources of our partnership with Sanlam Legacy, we are uniquely positioned to help you review, update, and secure your legacy—ensuring your wishes are honored and your loved ones are protected.

Contact us at [email protected] to schedule a will review or create a new will. 

​With a global share portfolio linked to 20 European and US companies, clients can get enhanced upside returns
with downside protection, hedged against currency movements. In addition, they’ll have access to our boost of
up to 20% on our lump-sum Endowment Plan.

Downside protection
Clients will have some downside protection, unless the global share portfolio falls by more than 30% during the five-year term. The downside protection will provide the initial capital back, before the effect of admin fees, advice fees and taxes.
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Profile and strategy
The Discovery Capital 200|300+ is a five-year product that gives clients the opportunity to grow their wealth
through exposure to the performance of equity markets in Europe and the United States of America.

​The fund is designed to give clients 100% growth over five years if the underlying global share portfolio is flat
or positive, plus another 100% growth if the global share portfolio grows by 40% or more.

​The global share portfolio comprises 20 quality European and US companies. The proportion allocated to each
share is fixed at the beginning of the investment and will remain constant throughout the five-year period.

The shares and proportions that make up the portfolio are as follows:

Minimum investment R100,000, five-year term. For more information, click here to download the factsheet.


* Before the effect of fees and taxes. 

Dear Valued Client,

We would like to inform you of an important update regarding the Value-Added Tax (VAT) rate affecting your investments, insurance policies and premiums.

As announced by the Minister of Finance during the 2025 National Budget Speech, the VAT rate will increase from 15% to 15.5%, effective from 1 May 2025. This change will remain in effect for a minimum period of 12 months, with a potential further increase to 16% expected from 1 April 2026, subject to parliamentary approval.

What this means for your investments and insurance policies:
    •    Premiums: All premiums collected for cover starting on or after 1 May 2025 will include the new VAT rate of 15.5%. Premiums collected before this date will remain at the current 15% rate.
    •    Policy Documentation: Any policy documents issued on or after 1 May 2025 will reflect the updated 15.5% VAT rate. Existing documents with 15% VAT do not need to be reissued.
    •    Renewals: Renewals processed from 1 May 2025 onwards will include the 15.5% VAT rate and may include inflation-related adjustments to sums insured.
    •    Commissions and Fees: Commissions, production incentives, and advisory fees will also be calculated inclusive of the 15.5% VAT from 1 May 2025.

Please note that this VAT adjustment may affect the overall cost of your insurance premiums and could have implications on your investment returns where applicable.

We encourage you to review your investments and insurance portfolio in light of this update. Should you have any questions or require further clarification, please do not hesitate to contact us at [email protected]. We are here to assist you in understanding how this change impacts your policies and to ensure you are adequately prepared.
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Thank you for your continued trust and partnership.

When it comes to money, most of us think we’re making logical decisions based on numbers and facts. But in reality, our financial behaviours are often shaped by deep-seated beliefs, many of which were formed in our childhoods. These beliefs—often unconscious—can strongly influence how we manage, save, and spend money throughout our lives.

Dr. Brad Klontz, a leader in the field of behavioural finance and a Certified Financial Planner based in the US, explores this concept in his book Mind Over Money: Overcoming the Money Disorders That Threaten Our Financial Health. He discusses how early life experiences, particularly what we learn from our parents, caregivers, and our socioeconomic environment, can shape our present relationship with money. Understanding these influences is the first step toward cultivating healthier, more intentional financial behaviour.

​2025 started off on an interesting, somewhat different note than most investors anticipated. There are signs of a stock market correction, growth stocks are getting beaten up, bonds are resuming their role, recession worries resurfacing, and international stocks are outperforming.

Medical specialists dedicate years to mastering their craft, investing time, energy, and resources into their careers. While their expertise lies in healthcare, managing their own financial affairs can be complex and time-consuming. Engaging a financial advisor or wealth manager can provide invaluable support, ensuring that their financial well-being is as robust as their professional practice.

1. Maximising Wealth While Minimising Tax Burden
Medical specialists fall into high-income tax brackets, making tax efficiency a crucial part of their financial planning. A financial advisor can help structure investments, retirement funds, and business earnings in a way that minimises tax liabilities while maximising returns. Strategies such as retirement annuities, tax-free savings accounts, and trust structures can be tailored to ensure long-term tax efficiency.

2. Investment and Retirement Planning
With demanding schedules, medical professionals often lack the time to actively manage their investments. A wealth manager ensures that investments are diversified, risk-appropriate, and aligned with long-term financial goals. Retirement planning is also essential, as specialists often have irregular incomes. Advisors can structure retirement annuities, pension funds, and other long-term vehicles to ensure financial security post-career.

3. Protecting Income and Assets with Insurance
Given the physical and mental demands of their profession, medical specialists need comprehensive risk management strategies. A financial advisor ensures they have the right mix of life insurance, disability cover, critical illness cover, and professional indemnity insurance. This helps safeguard their families, practices, and future earnings from unforeseen events.

4. Estate Planning and Wealth Transfer
A well-structured estate plan ensures that wealth is preserved and passed on efficiently. This includes drafting wills, setting up trusts, and planning for estate duties. A financial advisor works closely with legal and tax professionals to ensure an optimal wealth transfer strategy that protects beneficiaries and minimises tax burdens.

5. Business and Practice Financial Planning
For specialists running private practices, financial advisors help with cash flow management, business succession planning, and optimising business structures for tax efficiency. They also ensure that the practice remains financially healthy, allowing the specialist to focus on patient care without financial stress.

6. Offshore Investing for Wealth Diversification
With economic uncertainty and currency fluctuations, investing offshore can be an essential strategy for medical specialists looking to diversify their portfolios and protect their wealth. A financial advisor can guide specialists in selecting appropriate offshore investment vehicles, such as global equities, bonds, property, and structured investment products. Offshore investments can provide access to stronger economies, hedge against local currency depreciation, and enhance long-term financial growth.

However, offshore investing requires careful planning regarding tax implications, exchange controls, and risk exposure. A wealth manager ensures compliance with regulations while optimising the benefits of international investments.

7. Lifestyle and Legacy Planning
Beyond wealth accumulation, financial advisors help specialists align their finances with personal and family goals. Whether it’s funding children’s education, philanthropic initiatives, or planning for early retirement, a tailored financial strategy ensures that they achieve their long-term aspirations without compromising their current lifestyle.

Conclusion
Busy medical specialists have unique financial needs that require expert guidance. Partnering with a financial advisor or wealth manager allows them to focus on their passion—providing top-quality healthcare—while ensuring their financial future is secure. By implementing tax-efficient strategies, managing debt, optimising investments, and protecting their wealth, medical professionals can achieve financial freedom and peace of mind.

If you’re a medical specialist looking to enhance your financial well-being, consider working with a professional who understands your needs and can craft a tailored financial strategy for you.