Smart Money – Discovery’s Harry Joffe and Jennifer Arendse discuss the benefits of investing offshore

In this Smart Money with Alishia Seckam interview, Discovery’s Harry Joffe and Jennifer Arendse unpack the benefits of offshore investing.

Harry Joffe, who has worked at Discovery for 23 years, is the head of legal services. He boasts extensive expertise in tax planning, insurance law, estate planning, and trusts.

Joffe is also a prominent media figure in his areas of expertise and is regularly quoted and interviewed for his insights.

Jennifer Arendse is Discovery’s GM of investment marketing. She is an expert in crafting results-focused strategies that align with each company’s specific needs.

Arendse is a certified financial planner with an MBA from the Gordon Institute of Business Science (GIBS) and has nearly 20 years of experience in financial markets.

The interview

The interview begins with Arendse discussing why South Africans should consider offshore investing.

Arendse unpacks which offshore investments offer the best risk-reward balance, emphasising that offshore investing should almost always be seen as a long-term game.

Joffe then explains what offshore endowment wrappers are and why they are so tax-efficient.

Arendse and Joffe expand on this by detailing what South Africans should look for when choosing the right offshore endowment wrapper product.

Arendse concludes the interview by emphasising the importance of working with a financial advisor when investing offshore.

Watch the full interview with Harry Joffe and Jennifer Arendse below.


Top JSE indices