SANDTON FINANCIAL ADVISOR

OTHER COMPANIES REPRESENTED

Stanlib, Brightrock,

Since 1999, we have helped create programs and portfolios to meet long-term financial goals. Have questions about investments, taxes, retirement, and/or estate planning? One of our credentialed professionals would be glad to help.

We assist clients in creating financial plans to meet their financial objectives through savings & investments, tax reduction and personal protection plans within their affordability. 

This is to ensure you reach FINANCIAL WELLNESS.

As each client is a unique individual with their own desires, needs and requirements,we offer professional step-by-step financial planning that is based on a detailed personalised financial needs analysis. This is undertaken over a period of time and in line with ever-changing budgetary and family requirements.

We pride ourselves in offering holistic planning services, educating clients through the decision-making process and allowing you to make the ultimate decision without being pressured into products/services that you do not need or cannot afford.

Before we ever get to recommending products, we do a thorough fact find to make sure we understand your individual circumstances and needs, as well as your objectives and aspirations for the future. 

Whether planning for retirement or passing wealth onto future generations, WB Financial is not tied to any one product provider, so we can search the market to find a selection of the best products for your needs.

One hour spent with us is worth tens of thousands of rands over the long term

Warren started his studies in 1991 doing a Bachelor of Commerce degree in Port Elizabeth, went into the commercial world of retail.

In 1997 he moved to Johannesburg to open a successful wholesale business, to once again exit in 2000 to join the Financial Services industry.

Joined Liberty Life as a tied agent and moved across to Momentum Franchise in 2003, to progress to an independent financial advisor in 2005 and has been independent ever since.

Warren brings to the table years of expertise gained from the business world, studies and years in the financial services industry. Currently completing his post-graduate studies to gain CFP (certified financial planner) status.

Warren works under license with Oracle Broker Services, which is South Africa’s biggest independent brokerage and ranks top in the advisor line up and has preferential status with most of the financial service providers he is contracted to.

What is the STANLIB Tax-Free Savings Account? Convenient investment vehicle In line with the South African government’s initiative to incentivise and promote savings in South Africa, through the National Savings Scheme, STANLIB is offering a tax-free savings account.* This will be made available to existing and new clients. This account will be available on the STANLIB Unit Trust platform.

QUICK FACTS

No tax on dividends (This is a tax at 15% on shareholders when they receive dividends) Your account will earn the gross dividend, which will be automatically re-invested. No performance fees All investments included in the account will have no performance fees.

No initial fees STANLIB will charge no initial fees. However, advisers will be able to charge an initial adviser fee agreed with the client. You don’t pay tax on income All interest and other income, including listed property Income, will be re-invested tax-free. Service fees No additional fees will be charged except the annual service fee of the fund you have selected. This may include a trial fee to the adviser. No Capital Gains Tax (CGT) You won’t be taxed on capital gains resulting from a switch within this account offering or a withdrawal on your investment. Minimum and maximum Investment Contributions

• The product allows a maximum of R30 000 annual contribution and a maximum contribution of R500 000 over the lifetime of the investor. These numbers may be adjusted for inflation. 
• Over time the balance in these accounts may exceed the R500 000 limit due to accumulated earnings and capital gains.
• A minimum lump sum of R5000 will be allowed with a minimum debit order of R500 p.m and a maximum debit order of R2 500 p.m 
• Amounts within the account(s) may be withdrawn at any time however if these amounts are returned to the account(s) they will be subject to the annual contribution limits. 
• Transfers between different funds within the account will not be subject to the annual contribution limits.

PLEASE NOTE: The limit of R30 000 p.a applies to ALL your tax-free savings accounts in total, with STANLIB and other providers. If investors exceed this limit, this will be considered a contravention of the law, which SARS will be monitoring on an annual basis. Any amounts exceeding the R30 000 p.a limit will be taxed at a rate of 40%.

The tax benefits:
• No withholding tax on Interest 
• No withholding tax on dividends 
• No tax on Interest and income earned from property funds

• No Capital Gains Tax Maximum Investment Contributions: Maximum of R30 000 p.a and maximum of R500 000 in your lifetime. Regulatory Requirements
• All natural persons may invest in this account.
• STANLIB is prohibited to accept contributions in excess of the contribution limits made by investors.
• Transfers between different tax-free savings accounts will not be allowed until 1 March 2016.
• Where the investor is a minor, any withdrawals may only be paid into the minor’s bank account and not the guardian’s bank account.
• No performance fee will be allowed on any of the underlying funds.

For illustrative purposes, taxed versus untaxed annual returns on the STANLIB Income fund over a 20 year period 5 Years 10 Years 15 Years 20 Years Untaxed Fund R 280 831 R 740 525 R 1 308 380 R 1 913 872 Taxed (Total) R 257 295 R 699 724 R 1 236 250 R 1 670 195

Give me a call on 082 490 5182 or send me an email to warrenb@oraclebrokers.com and I will be glad to help you. Attached is a list of frequently asked questions. Yours In Wealth