From April 2025, the UK abolishes its remittance tax basis, taxing long-term residents on global income. South African expats face higher CGT, stricter trust rules, and expanded inheritance tax. Expert fiduciary advice is essential for effective cross-border tax planning.

According to Lindiwe Sebesho, Managing Director of Remchannel, and Blessing Utete, Managing Executive of Old Mutual Corporate Consultants, now is the time for employers to rethink traditional pay and benefits strategies. Forward-thinking businesses are already exploring flexible, holistic benefits to ease financial stress and improve employee retention.

BrightRock’s critical illness cover goes beyond illnesses to include traumatic injuries, ensuring financial support for unexpected expenses. Unlike gap cover, it covers costs like transport and home assistance. Coverage applies to severe injuries requiring medical intervention, benefiting both adults and children.

Johan Minnie has been appointed CEO of Consult by Momentum, effective 1 July 2025. With over 30 years in financial services, he brings leadership expertise from Liberty Group. Minnie aims to drive Consult’s growth, prioritising client-centric, advice-driven financial solutions.

Andile Jonas, Head of Marketing at Momentum Savings, contemplates the best place to make your money grow.

Twanji Kalula, communications manager at Allan Gray, advises against succumbing to lifestyle creep when salary increases or bonuses occur. He emphasises the importance of strategic financial planning, revisiting retirement savings targets, and using windfalls to secure long-term financial stability.