Premiums and Problems 2025

Premiums & Problems is an annually updated publication that provides information on personal financial planning and keeps readers informed of relevant legislative and regulatory developments in the financial services industry. Since its inception, it has become a trusted reference for financial intermediaries, students and anyone engaged in financial planning. Premiums & Problems is endorsed by the Financial Planning Institute of Southern Africa (FPI) and recommended as a study reference guide for all pursuing formal qualifications in any of the three prestigious professional designations offered by the FPI (RFP®, FSA® and CFP®).

This Edition has been meticulously updated to include:

The tax changes as proposed in the 2025 Budget Speech by the Minister of Finance.

An updated retirement planning section, incorporating the latest legislative developments.

Comparison between endowment policies and sinking funds.

Updates in line with the ASISA Fund Classification Standard of 1 July 2024.