WESTERN CAPE FINANCIAL ADVISOR

SUZANNE DU TOIT
 Suzanne  du Toit
Firm Finmax Financial Services
Suburb Western Cape
Address 4 Boreham Crescent, Durbanville, 7550
See Map
GPS -18.645068, 33.844402
FSP Licence 36551
Languages Fully bilingual (Afrikaans and English) (in order of proficiency)
Email
Tel 021 975 1899
Website www.finmax.co.za
Qualifications
B.Com (Stellenbosch)
RE 5 (Above 80% pass)
Class of Business

SERVICES
Retirement
Investments
Estate Planning
Life and Disability
Medical schemes
Short-term insurance
Business Assurance
Offshore Investment
Group Schemes

FOCUS

Provide holistic financial advice as an independent Financial Advisor | Financial Planning for the whole family and solutions for business owners and corporates

OTHER SERVICES

Financial Planning

COMPANIES REPRESENTED

OTHER COMPANIES REPRESENTED

Glacier | Fedgroup | FMI | Short Term: Auto & General | Cross Country (specialist 4x4 and hunters’ insurance) | Discovery Insure | Frontline | TIC (Travel Insurance) | Santam | Renasa | Zurich | SHA (Professional Indemnity cover and Cyber Insurance) | Admin house (for M&F, Hollard, etc) | PPS Short Term Insurance Medical Aid | Optivest Health Solutions Gap Cover: Stratum | Discovery

EXPERIENCE

Experienced Financial Advisor with a strong financial background.

More than 16 years of corporate experience(financial department and HR, focus on reporting and remuneration and benefits) and 6 years in the financial services industry.

Currently furthering my studies in Financial Planning. 

ABOUT FIRM

Finmax Financial Services is an independent financial services provider based in Durbanville, Western Cape. We can assist you with personal financial planning, corporate financial planning (including employee benefits), short term insurance as well as life-, disability-, dread disease cover. Our associates will be able to assist you with estate planning, the setup of trusts and wills. We also have various investment options to make provision for retirement or to invest post retirement. We offer more than just good service, but excellent tariffs with equally good cover and benefits.

BUSINESS PRACTICES
Minimum Levels of Premium/Investment accepted Lump Sum: R0.00
Recurring monthly: R0.00
Remuneration Fee and Commission
Legal structure of employer (Pty) Ltd company
Number of staff 6 - 10
Indemnity insurance Insurance: yes
Value: not specified
LATEST NEWS AND VIEWS

A nice explanation of the difference/similarities between a pension and provident fund from Old Mutual

A pension fund is a retirement fund that receives frequent contributions (usually monthly) from you and your employer. At retirement, you can access up to one-third of the benefit in cash, and the remaining two-thirds must be used to purchase an income annuity.

A provident fund is the same as a pension fund, but prior to 1 March 2021, it differed in that when you resigned or retired, you could take the entire sum as cash, which you’d be taxed on. You wouldn’t need to purchase an annuity. With the retirement reforms introduced from 1 March 2021, provident funds are now more similar to pension funds, and the following now applies:

  • Fund members are required to take a third of the benefit as a lump sum.
  • They must use the remaining two-thirds to buy a pension that provides a monthly income.
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WHERE THIS FINANCIAL ADVISOR IS BASED
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