The demand for 2FA has grown as businesses, governments, and the public recognise that passwords are often not secure enough to protect user accounts in the current online landscape. We read that the average cost of data breaches today is over two trillion dollars annually.Continue reading
When it comes to investments, it's essential to stay focused on the bigger picture - especially when political tomfoolery has us itching to move investments out of the market and into cash.Continue reading
It may not be your cuppa tea, but if you want to know a little more (high-level) on domicile rules and find answers to some of the most common questions about them, we found a brilliant piece on tax.org.uk. Here are some brief clips from the article.Continue reading
Individuals and businesses around the world experience various cycles associated with health, work and many other day-to-day occurrences. Investors aren’t any different, and many are currently going through a very tough period within the investor cycle, experiencing financial loss with their investments as the Coronavirus pandemic has turned into a major economic downturn. This is...Continue reading
U.K. State Pension. With the U.K. government’s ‘triple-lock’ commitment, the State Pension is currently increased each year by whichever is highest of inflation or 2.5% or average earnings. This means those on the older State Pension will see a 3.9% rise, from £129.20 to £134.25 per week (£262.60 extra a year). Lifetime allowance (LTA). This...
Northern Cross Wealth Management are proud to announce that we have been awarded the Masthead FAIS Compliant Seal for 2019. This is the third consecutive year we have been awarded the Seal, which provides our clients with peace of mind knowing we maintain the highest standards of compliance. This seal is awarded to firms who are...Continue reading
Last weekend Northern Cross sponsored the Rolls-Royce Enthusiasts Club 2019 Jamboree @RREC.SA. The Owners Club for Rolls-Royce and Bentley showcased their classic cars at Kelvin Grove Country Club. Here are our favourite pictures of the day.
As the saying goes, “The best time to plant a tree was 20 years ago. The second-best time is now”. The same can be said for South Africans investing overseas. When it comes to investing off-shore, the misconception is that there is no real benefit of investing abroad or that it just serves to complicate...Continue reading
Do you think you are a smart investor? Specific: What exactly do you expect from your investments? For example, when do you intend on starting to invest and when would you like to end? Do you have specific goals in mind for a particular investment amount that you would like to reach? Measurable: How do...Continue reading
Beyond the obvious benefits that come from diversifying your investment portfolio to include international properties, one needs to ask, “why would a South African want to invest in the international property market ?” South Africa’s economy has fallen considerably in recent years. What was once a highly prosperous economy in the first decade of this...Continue reading
With U.K. Inheritance Tax receipts hitting a whopping £4.8bn in the 2016/17 tax year, Domicile is a hot topic for British Expats all over the world. Domi-what I hear you say… Domicile. noun. 1.The country that a person treats as their permanent home. According to the Oxford English Dictionary, DOMICILE is defined as “the country that a person...Continue reading
Where’s your safety net? I am a proudly South African, small-town farmer’s son, from the northern parts of Zululand, KZN. I have heard my parents’ concerns regarding the weather effecting our crop, of theft during harvesting, of the cost of groceries going up year after year, and the threats to farmers’ lives, recently, more so...Continue reading