Finish the year well
2025 turned out better than many of us expected heading into the second half. Global equity returns were strong, bond volatility settled, and the rand held within a tight range. Don't let that comfortable backdrop delay the admin — TFSA and RA deadlines do not wait.
Tax year-end — your 60-day action list
Three things worth checking this quarter: your TFSA contribution space, your RA contribution room against 27.5% of taxable income, and — for those still sitting on uninvested cash — whether any of it should move into a structured product launching in February.
Using your discretionary allowance before year-end
The R1m single discretionary allowance and R10m foreign capital allowance both reset at calendar year-end, not tax year-end. If you're building an offshore component into your plan, we can help you sequence the transfer efficiently.
Two products maturing in Q1 2026
HW-DPI-2023-02 and HW-GEQ-2023-05 both complete their term early in Q1. Your advisor will circulate reinvestment options well ahead of maturity.
End-of-year rebalance complete
All managed portfolios were rebalanced to target weights in mid-December. Drift from target had been within tolerance across the range. We will publish the next rebalance report after the March review.