The first quarter of the year of 2026 started off with some important changes. The Client Administration Centre will operate under the OWM banner, providing administrative support to Warwick Wealth, Infiniti, Silverthorn, banking administration and Appleton.

Candice Williams joined the Banking Team in February, slotting in seamlessly and already adding immense value.

February also marked the final dash for RA contributions for tax benefits for our clients for the tax year. Transaction increased by 60% in February and the New Business and Banking Teams provided excellent professional service and support during this mad rush.

The Budget Speech was also delivered in Q1 and the below are some important changes in our industry.

• Annual contribution to tax free saving account increases from R36 000 to R46 000
• Annual deductions for contributions to RA’s increases from R350 000 to R430 000 or 27.5%
• Annual exclusion of capital gains or losses increases from R40 000 to R50 000
• Single discretionary allowance increases from R1 million to R2 million
• Minimum RA to be commuted increased from R247 500 to R360 000
• Living annuity commutation increases from R125 000 to R150 000
• Tax exempt donations for individuals increases from R100 000 to R150 000

So, in concluding a hectic, but highly successful Q1, we now look forward to building on this momentum for a great Q2.