PERSONAL INVESTMENT AND FINANCIAL PLANNING
In addition to providing insurance solutions tailored to your unique requirements, we are also able to assist with your personal financial planning and give advice on the best investment opportunities available to you. Our offering includes:
PERSONAL FINANCIAL PLANNING
- Estate and tax planning
- Retirement planning
- Wills and trusts
- New generation linked investment plans
- Unit trusts
- Offshore investments
- Co-shareholders and partnership
- Deferred compensation
- Keyman assurance
- Staff retention programmes
Changes to the Income Tax Act have created much opportunity for the innovative consultant to provide prudent, yet creative solutions to your personal financial planning needs.
At Sela, we are confident that the personal financial planning solutions and investment opportunities we provide will give you peace of mind to enjoy, not worry about, your finances.
We are also committed to continued education for each of our brokers, ensuring that they are in the best possible position to provide you with a professional and effective service.
Developments in the legislative environment have meant significant changes for company employee benefits and other fringe benefits that are critical for the employee benefit administrator to pay attention to.
At Sela, we have partnered with industry specialists to provide you with modern, workable employee benefit solutions.
- Here are some of the key changes to the employee benefits industry:
- The switch from defined benefit to defined contribution funds, transferring the investment risk from the employer to the employee.
- Legislation requiring member-elected and company-appointed trustees and the active role by the principal officer in the fund’s operation.
- IT advancements resulting in the speed, volume and quality of information available.
- Full disclosure, creating a transparency that was not previously available i.e. costs and administration charges.
THE THREE DISCIPLINES
Sela’s approach is to outsource the three most important disciplines to companies that specialise in these areas:
Incorporating the latest technology to ensure the most efficient and speedy transfer of information.
- Investment expertise
Introducing asset consultants to provide the full spectrum of investment products and portfolios, both local and offshore, to suit individual needs.
- Risk benefits
Group life, disability, dread disease, funeral and accident insurance is negotiated to meet your requirements and is revised annually.
EMPLOYEE HEALTHCARE PROGRAMMES
Funding for South Africa’s healthcare programmes has changed, with the emphasis shifting from managing sickness to managing health.
The Sela Healthcare division provides a complete consultancy for your medical scheme, with the most comprehensive employee medical scheme benefits available.
THE SELA EMPLOYEE HEALTHCARE SERVICE INCLUDES:
- Professional advice on industry trends and developments.
- Ensuring that your medical scheme meets the needs and aspirations of your staff.
- Individual consultations with staff members
- Annual reviews with your staff members to talk about any changes in benefits and premiums.
- Monitoring of the registration of chronic conditions as well as benefit programmes e.g. HIV/ Aids and oncology benefits management.
- Ongoing member education regarding existing benefits and plan changes
The healthcare industry has developed into a complex mix of new generation and traditional ideas. We are here to advise you on the best healthcare programme for your needs.