Wynsam Wealth

Wynsam Wealth Financial Planning is not about money, it's about your dreams and goals.

πŸŽ‰ Congratulations to Mfundo Slade on passing her RE Exam!Your hard work, dedication, and perseverance have truly paid of...
28/05/2026

πŸŽ‰ Congratulations to Mfundo Slade on passing her RE Exam!

Your hard work, dedication, and perseverance have truly paid off, and we are so proud to celebrate this achievement with you. Wishing you continued success as you grow and excel in your career journey. 🌟

Please join us in congratulating her on this incredible milestone! πŸ‘

We recently hosted a Tea@10 webinar β˜•βœ¨In the image below is feedback from one of our attendees after joining the session...
30/04/2026

We recently hosted a Tea@10 webinar β˜•βœ¨

In the image below is feedback from one of our attendees after joining the session β€” and we absolutely love hearing responses like this.

If you missed it, don’t worry β€” you can still register for our upcoming webinars here:
πŸ‘‰ https://sway.cloud.microsoft/83ugZC0m6a6X75qY?ref=Link

We’d love to have you join us!

πŸ“š Happy World Book Day!We asked our team to share the books that have inspired, challenged, and stayed with them over th...
24/04/2026

πŸ“š Happy World Book Day!

We asked our team to share the books that have inspired, challenged, and stayed with them over the years β€” and the answers say a lot about who we are.

From timeless classics to meaningful reads, here’s what’s on our team’s bookshelf πŸ‘‡

πŸ‘‰ Swipe to see our favourites

πŸ’¬ We’d love to hear from you β€” what’s one book you’d recommend to everyone?

Wynsam Wealth is proud to celebrate 25 years of service.Over the years, we have built something truly special β€” supporti...
07/04/2026

Wynsam Wealth is proud to celebrate 25 years of service.

Over the years, we have built something truly special β€” supporting 16 companies and serving over 6,000 members every day.

We pride ourselves on putting each and every client first, ensuring that every member who chooses us as their broker receives the attention, care, and service they deserve.

Behind this is a dedicated team that consistently goes the extra mile to deliver excellence.

As Wynsam Wealth, we have so much to be proud of β€” and we’re just getting started.

Over the coming weeks, we’ll be sharing more of our journey, achievements, and the milestones that have shaped us over the past 25 years.

As the year end approaches its time to take account and review your Medical Aid option. Why review your option?Β·       L...
19/10/2022

As the year end approaches its time to take account and review your Medical Aid option.


Why review your option?
Β· Life changes and so do your health needs
Β· ​You might be spending more than you need to, for example many options now come at a discounted rate if you pick the network version.
Β· You may be paying co-payments you don't need to, recently the rules around getting chronic tretment have changed on many schemes, so you may be paying in co-payments for not following process correctly.

If you work for a company where Wynsam Wealth handle the Group Medical Aid, look out for the dates we may be on site.

If you are an Ambers resident, Wynsam Wealth will be on site on 1 November 2022 - email palesaz@wynsam.co.za to book a session or call 0860 10 38 16 and ask for Palesa.

You only need R100 a month to start investing - speak to us today
Book an appointment with one of our Certified Financial Planners today
Whats App 078 741 7554
Email: info@wynsam.co.za

25 August 2022, the Competitions Commission raided 8 major insurance companies. Any cover you have with these Insurance ...
31/08/2022

25 August 2022, the Competitions Commission raided 8 major insurance companies.
Any cover you have with these Insurance Companies is still valid and in place.

In a media release the Commission states:

The Commission has reasonable grounds to suspect that BrightRock Life Limited; Discovery Limited; FMI, a division of Bidvest Life Limited; Hollard Insurance Group (Pty) Ltd; Momentum, a division of MMI Limited; Old Mutual Insure Limited; Professional Provident Society Limited and South African National Life Assurance Company (Pty) Ltd (Sanlam) have engaged in collusive practices to fix prices and/or trading conditions in respect of fees for investment products such as retirement annuity and premiums for riskrelated products, namely, life insurance cover such as dread disease cover / chronic medical condition cover, disability cover, life cover and funeral assistance benefits in contravention of section 4(1)(b)(i) of the Competition Act.

Wynsam Wealth will keep up with this progressing situation and ensure our clients interests are protected.

It is important to note that the raids do not prove any guilt on the part of those raided. The point of the raids is to gather evidence. This evidence will then be used to establish who is guilty and who is not.

We confirm that the cover you may have with any of the impacted compnaies is not impacted and claims will be honoured.

What else can Wynsam Wealth help you with?
-Reviewing your medical aid
-Helping you get alternative medical coverage
-Helping you with medical aid related queries by appointing us as your Health Broker
-Retirement Planning
-Draft your Will
-Cut down expenses – review your insurance.
-Find out the best way to save money – tax free investments, retirement annuities, unit trusts – what are they and how to use them?

We are past the halfway mark for 2022. Globally costs are rising in South Africa we are facing a serious cost of living ...
13/07/2022

We are past the halfway mark for 2022. Globally costs are rising in South Africa we are facing a serious cost of living crisis.

We all have a choice to make, either put our heads in the sand and hope for the best, or take control of your financial life.

How to take control!
- Know what you spend
Before you can control your money, you first need to know where it goes.
Try this budget planner or an app like 22seven.
These help you keep track on what you are spending money on, you might be surprised at how much you can save by small changes – making lunch instead of buying it for example.

- Debt
Understand your debt.
Make a list of all your debt. The outstanding term and the interest rate being charged. Try to pay off the ones with the shorter term and highest interest rate first – do not take on more!

This debt repayment calculator will help you see the difference you can make by repaying some loans faster.

- Look for savings
Easy wins are places you can save money on without having to change much.
Bank fees – is there a cheaper account you can use?
Insurance – when last did you shop out your short term? Maybe you can increase your excess and reduce your premium?
Car pool and ride share – beer is cheaper than petrol. Speak to others in your neighbourhood, sharing a ride can save you tons.
Loyalty Programs – Smart Shopper, Xtra Save, Spar Rewards – these programs are free and can make a difference to your grocery spend at the end of the day.
Forget Brand Loyalty – do you always buy Koo because you always have? A big part of brand loyalty is habit. In these times, we advise buy smart. Chose the brand on special, chose the best value for money brand, or no name brand.
Plan your shopping - have a list to prevent buying unnecessary items. Shop online or via an app – this saves you time and fuel.

- Make more money
One of the best things you can do is find new income streams.
Some ideas are simple – clean out those cupboards and sell your unused items! Cash in your hand for nothing.

Take control
In the end, you are the person who can make the most difference to your financial situation. So, start today, every journey begins with a single step!

We are past the halfway mark for 2022. Globally costs are rising in South Africa we are facing a serious cost of living ...
13/07/2022

We are past the halfway mark for 2022. Globally costs are rising in South Africa we are facing a serious cost of living crisis.

We all have a choice to make, either put our heads in the sand and hope for the best, or take control of your financial life.

How to take control!
- Know what you spend
Before you can control your money, you first need to know where it goes.
Try this budget planner or an app like 22seven.
These help you keep track on what you are spending money on, you might be surprised at how much you can save by small changes – making lunch instead of buying it for example.

- Debt
Understand your debt.
Make a list of all your debt. The outstanding term and the interest rate being charged. Try to pay off the ones with the shorter term and highest interest rate first – do not take on more!

This debt repayment calculator will help you see the difference you can make by repaying some loans faster.

- Look for savings
Easy wins are places you can save money on without having to change much.
Bank fees – is there a cheaper account you can use?
Insurance – when last did you shop out your short term? Maybe you can increase your excess and reduce your premium?
Car pool and ride share – beer is cheaper than petrol. Speak to others in your neighbourhood, sharing a ride can save you tons.
Loyalty Programs – Smart Shopper, Xtra Save, Spar Rewards – these programs are free and can make a difference to your grocery spend at the end of the day.
Forget Brand Loyalty – do you always buy Koo because you always have? A big part of brand loyalty is habit. In these times, we advise buy smart. Chose the brand on special, chose the best value for money brand, or no name brand.
Plan your shopping - have a list to prevent buying unnecessary items. Shop online or via an app – this saves you time and fuel.

- Make more money
One of the best things you can do is find new income streams.
Some ideas are simple – clean out those cupboards and sell your unused items! Cash in your hand for nothing.

Take control
In the end, you are the person who can make the most difference to your financial situation. So, start today, every journey begins with a single step!

In this month we focus on some changes to Retirement Funds after the February Budget Speech.The changes that members mos...
28/04/2022

In this month we focus on some changes to Retirement Funds after the February Budget Speech.

The changes that members most want to know about are, the changes to the investment regulations and the two pot system potentially allowing members to take money out of the fund before retirement.

The Two Pot System

Over the last 18 months there have been discussions about allowing early access to retirement savings. At this point there are discussions only and the draft regulation is to follow later this year.

The idea is to have a system where the members money is kept in two pots, one pot can be accessed early under certain conditions.

The Minister has made it clear that he can create the environment where this can be implemented but he cannot force any retirement fund to implement it.

The draft regulation will address questions such as:
Under what conditions will members be allowed to access money?
How will contributions to the two-pot system be taxed?
How will withdrawals be taxed?
Will different investment regulations apply?

At this point we have no answers to any of these questions.

Once the draft is published, we will be sure to update you.

In this month we focus on some changes to Retirement Funds after the FebruaryThe regulation is known as Regulation 28, i...
28/04/2022

In this month we focus on some changes to Retirement Funds after the February

The regulation is known as Regulation 28, it puts limits on where retirement funds can invest money with the aim of protecting the interest of the members.

Regulation 28 Changes
In his budget speech in February Finance Minister Enoch Godongwana announced some important changes to the regulations that govern Retirement Fund Investments.
The regulation is known as Regulation 28, it puts limits on where retirement funds can invest money with the aim of protecting the interest of the members.

2 noticeable changes are being introduced.

1.Changes to the offshore allocation
It was announced that the limit on how much of a Retirement Fund Portfolio can be invested in offshore will be increased to 45%.

The limit was previously 30%, so 30% of your money at a maximum could be invested in assets outside of South Africa.

Now, 45% can be invested outside SA, of which 10% can be in the rest of Africa. It is currently not clear if 10% of the 45% must be in Africa or not.

What does this mean for you?

You are invested in a portfolio that is managed by a Fund Manager or Asset Consultant. Should the manager decide to take advantage of the increased limit, it means they will sell some of the assets they have in South Africa, for example shares in South African companies, and buy some assets offshore, for example shares in companies outside of South Africa.

In the short term, having more offshore assets in your investment makes it more volatile (the value moves up and down more), however, in the long term it may lead to higher returns.

2.Changes to Infrastructure Investing

The changes in terms of infrastructure investing are aimed at unlocking new investments into infrastructure by the private sector.

This means, Retirement Funds will be allowed to invest in infrastructure projects run both by the public and private sector.

The aim of this change is to allow investment to flow into long term infrastructure projects which should boost economic growth and job creation.

The amendments are not yet finalised but could lead to much positive development for the South African economy.

Address

Acacia House, Redlands Estate, 1 George Macfarlane Ln Ground Floor
Pietermaritzburg
3201

Opening Hours

Monday 08:00 - 16:30
Tuesday 08:00 - 16:30
Wednesday 08:00 - 16:30
Thursday 08:00 - 16:30
Friday 08:00 - 15:00

Telephone

+27 860 103 816

Alerts

Be the first to know and let us send you an email when Wynsam Wealth posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share