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PREFERENCE SHARES – IS IT EQUITY OR DEBT/LIABILITY?

Reading Time: 2 minutes Reading Time: 2 minutes Share Capital has traditionally been seen as equity. But is this always right? Most probably not in the case of preference shares, one should consider the substance and not just the legal form of the transaction. Let’s...

Are retirement annuities still useful?

Reading Time: 3 minutes Reading Time: 3 minutes Retirement annuities are often misunderstood and many people, or their parents, have had bad experiences with them in the past. This sentiment often relates to the investment performance and possibly also the charges...