Fewer people are pausing contributions or dipping into investments, yet many doubt they’ll have enough for a comfortable retirement, according to the Savings & Investment Monitor.
With regulatory approval secured, Old Mutual Bank is set to debut later this year, offering a digital-first banking experience tailored for South Africa’s mass market.
Latest Savings & Investment Monitor contains insights into South Africans’ appetite for investment risk and investing offshore.
According to a graph in this year’s Old Mutual Savings & Investment Monitor (OMSIM), 72% of respondents expect their financial prospects to improve over the next six months, whereas only 5% believe they […]
2020 has been a tough year and many people are looking for ways to decrease their expenses. Many have considered it, and some have already cancelled their car insurance to ease the financial […]
“We all tend to live in an ‘either-or’ world where we think we need to choose between two, often opposing, things or outcomes. Peanut butter or marmite? Red or white wine? For simple […]
Old Mutual’s Savings & Investment Monitor also points out that there is no greater time than now for people to make responsible and informed financial decisions to ensure they can withstand the pressure […]
July Savings Month is the South African Savings Institute SASI’s annual national savings awareness campaign. In 2020, the #waystosave campaign includes an educational portal. “We’re focused on building a savings culture in South […]
“Financial advisors today are really life coaches who help clients explore their life goals and set pathways and milestones to help them achieve those goals,” Nirdev Desai, head of sales at PSG Wealth […]
The National Stokvel Association of South Africa estimates that there are well over 800 000 stokvel groups in South Africa. Over 11.5 million South Africans have joined savings clubs and stokvels. These statistics show that […]
“Tracking trends provides valuable insights into the current and future financial services needs of our customers.” This is one of the objectives of the Old Mutual Savings & Investment Monitor, an annual study […]
Investec and GIBS publish the Investec GIBS Saving Index, which measures South Africa’s savings rate and the country’s savings behaviour. In a radio interview, Dr Adrian Saville, CEO of Cannon Asset Managers and […]
– Aims to build trust not expose hidden costs “Big financial services companies may soon need to find new ways to pad their earnings, as a new industry standard is threatening to expose […]
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