VIEWPOINT: DOES SEQUENCE RISK MATTER?

The hard part of investing is discipline, patience and judgment. Investors need discipline to avoid the many unattractive pitches that are thrown [their way], patience to wait for the right pitch, and judgment to know when it is time to swing,’ says Seth Klarman, billionaire investor. Traditional financial planning is linear in nature, based on…

ANALYSIS: RETIREMENT REFORMS

Through all the noise we sometimes just need some quiet time to truly reflect on the trepidations on our minds. Pieter Faber discusses the principles underpinning the implementation of the retirement reforms in the 2015 Tax Amendment Acts Tax proposals are regularly controversial, though usually the indignation and protest are limited to those in the…

VIEWPOINT: BIAS AT THE OFFICE

And diversity of thought As companies seek to become more innovative, diversity of thought is becoming more important. Diversity of thought is not what you think but how you think. It is critical for problem-solving. It is important to encourage it in order to minimise group think. A great leadership quality is that of being…

ANALYSIS: FINANCIAL REPORTING FRAMEWORKS: CHANGES FOR GBES

The withdrawal of Statements of Generally Accepted Accounting Practice (GAAP) has had far-reaching effects on financial reporting in the public sector, particularly government business enterprises (GBEs).  Tsholo Tshoke explains the impact of the withdrawal of Statements of GAAP on GBEs The constitution requires the National Treasury to develop measures to ensure transparent reporting of revenues,…