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Tag Archives | Savings

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Savings clubs – Perhaps time to consider as an alternative?

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 savings clubs encourage investors to remain disciplined and committed to saving each month. In a recent press release, Noluyolo Betela, client relationship […]

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saving-oldmutual

Old Mutual Savings and Investment Monitor – Painting a brim picture of South Africans’ money matters

“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 that is released to support the national drive to strengthen South Africa’s savings culture. The inaugural measure was taken in 2009 and […]

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Retirement-Savings

ASISA Retirement Savings Cost Disclosure Standard

– 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 the financial service sector’s worst kept secret – hidden fees.” BusinessTech 7 April 2019 These and many other media reports recently commented […]

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