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As a central knowledge portal to the retirement and related industries, EBnet publishes a range of daily articles submitted by a range of industry organisations, experts and contributors. Readers can also comment on and contribute to articles.

The close of the tax year is drawing near, meaning those wanting to make use of the tax-free savings account allowance have their last opportunity on February 28 to put money away in the current tax year.

This is a good time to evaluate if a Tax-Free Savings Account (TFSA) is a suitable investment vehicle for you. Assuming an investor has already maximised their contributions to their retirement funds and now has some extra cash to invest, what is the best option between a normal unit trust and a TFSA unit trust?

Using interest as an example, investors under the age of 65 are entitled to a tax-f...

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