How To Buy Listed Shares At 40% Discount

It is well-known that the contributions to a retirement annuity [RA] are tax deductible. What is less well-known is that certain retirement annuities provide the member with access to a portfolio of shares managed by a stockbroker. Seen in this light, the RA contribution can be compared to a direct investment into a portfolio of shares on the JSE, at a 40% discount. The below two graphs reflect the holdings and performance of some of the portfolio managers that we at Silke Financial Services are currently invested in via RA's:

Performance: Graph showing total return (%) from 15 Oct 2002 to 15 Oct 2009.

If you're looking to boost your retirement capital, it is always recommended that one maximizes your contribution to a retirement annuity. A retirement annuity allows you to grow your retirement savings in a tax efficient manner. Investment growth in a RA is tax free, attracts no income tax, capital gains tax [CGT], donations tax and estate duty.

Silke Financial Services are skilled risk and investment strategy consultants that provide a unique service offering not available elsewhere in the marketplace.