Quattro News

September 6, 2024

The Daily Forex Market Report

06 September 2024 Good morning   There’s nothing like a bit of hype to keep things interesting right up until the week closes and once again we are being told that today’s US jobs report is the most important labour report of the year.  This time however these claims are […]
August 22, 2024

Should I appoint an independent trustee for my trust?

In terms of the Trust Property Control Act 57 of 1988, a trustee can only act on behalf of a trust once authorized by the Master of the High Court. While there is no legislative requirement for the independence of trustees, the Supreme Court of Appeal case Land and Agricultural Bank of South Africa v Parker and Others highlighted the risks of trusts being abused when there is little or no independent oversight of trust assets. As a result, the Court recommended that the Master of the High Court consider the appointment of an independent trustee to ensure a clear separation between the ownership and enjoyment of trust assets. Following the Parker case, a directive issued by the Chief Master of the High Court on 6 March 2017 requires consideration of appointing an independent trustee for new trusts. Although currently only a directive, this could potentially become a legislative requirement for both new and existing trusts. The independent trustee does not need to be a professional but must be qualified and committed to upholding the trust deed and scrutinizing the actions of other trustees. For assistance or queries regarding your trust.
August 19, 2024

Two Pot System

The “two Pot System” will change retirement as we know it. The so called Two Pot System will be implemented on 1 September 2024.  This is the latest change in terms of retirement reform, and perhaps the single biggest change.  This will impact on all individuals who are members of […]
August 19, 2024

What is Gap Cover?

What is Gap Cover? How Does It Work and Why Do You Need It? Gap Cover was created to cover the “gap” between what a Medical Scheme pays and what you are responsible for paying for approved hospital admissions. Depending on what Medical Scheme and Option you are on, your […]
August 10, 2023

HOW WE SEE THE WORLD – JULY 2023

Global markets performed well in July as more good news about inflation and the prospects of a soft landing in the US was well received.
September 13, 2023

HOW WE SEE THE WORLD – AUGUST 2023

Global markets performed well in July as more good news about inflation and the prospects of a soft landing in the US was well received.
October 12, 2023

HOW WE SEE THE WORLD – SEPTEMBER 2023

The September outlook lands on your device amid slowing global momentum and continuing economic uncertainty. The oldest and strongest kind of fear is the fear of the unknown and its grim identity in that it can be perpetual.
November 17, 2023

HOW WE SEE THE WORLD – OCTOBER 2023

The baseline forecast is for global growth to slow from 3.5% in 2022 to 3.0% in 2023 and 2.9% percent in 2024. With core inflation still high in many advanced economies, central banks may need to keep monetary policy tighter for longer than is currently priced in markets.
December 7, 2023

HOW WE SEE THE WORLD – NOVEMBER 2023

“It’s beginning to look a lot like Christmas, everywhere you go…” – Bing Cosby. Now that I have put that tune on repeat in your head, it is true to say that investors may have thought Santa had popped in early this November.
January 8, 2024

Ask yourself this question: what problem am I trying to solve?

“It’s beginning to look a lot like Christmas, everywhere you go…” – Bing Cosby. Now that I have put that tune on repeat in your head, it is true to say that investors may have thought Santa had popped in early this November.
January 24, 2024

HOW WE SEE THE WORLD – 2023 THROUGH THE REAR-VIEW MIRROR & GLANCING AHEAD AT 2024

Global economic resilience was exemplified through the grit of South Africa’s Dricus Du Plessis as he beat Sean Strickland to claim the UFC middleweight title on Sunday morning.
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