Editor’s Thoughts.
Editor’sRecent research by Momentum shows that having a financial planner makes a South African household richer. In fact, the data shows a considerable difference in all financial aspects of a household – insurance, investments, debt and retirement planning.
What’s interesting to me in this context is the concern of consumers expressed in the 2024 Sanlam Benchmark Survey – mostly around trust. Now, if we know that financial advice is good for South Africans, yet we also know that South Africans have a healthy degree of skepticism when it comes to financial services (both products and providers) – how do we bring these two together? Well, we talk about it. And we surface the issues.
MJ Givens Kgasi (Octa) shares the red flags to look out for. While he’s talking in the context of trading, the lessons can be universally applied. Fees? Anyone talking about fees yet?
One of the things we’re also noticing is the increasing need for collaboration between retail (individual) and institutional (group) advice – accelerated by two-pot’s allowance for members to use their long term retirement funds as short term savings/emergency funds. Under Recent Reads, Siyasanga Kashe (Momentum) shares the gap that employee benefits can fill.
And Citadel and Coronation share some wise advice for the sandwich-generation and how to manage your life, your wealth and your investments.
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Most Recent Reads.
Why broker trust matters: South African traders reveal red flags in new survey
MJ Givens Kgasi, Analyst at Octa As South Africa’s trading sector grows, so does the awareness of what makes a broker trustworthy—or not. According to a recent global survey conducted...
Holistic wealth management: Balancing family support, growth and legacy planning
Jodi Suchard, Advisory Partner and Seugnet Moggee Fiduciary Partner, at Citadel South Africans in their mid-30s to 50s are navigating some of the most financially demanding years of...
The economic potential of employee benefits needs to take root
Siyasanga Kashe, Executive of Member Solutions at Momentum Corporate Employee benefits are no longer just about ticking boxes with retirement packages and medical aids. As South Africa...
A grounding list for your investment nervous system
Christo Lineveldt, Investment Specialist, Coronation Personal Investments Every time financial market prices fall meaningfully, our genetic disposition can make it feel like we are...
The support a healthcare broker provides
Axiomatic Consultants
Trevor Schoonraad, Health Manager
The paradox of choice
FNB
Daniel Dos Passos, Senior Portfolio Manager of FNB’s ETFs
The fundamentals of smart beta
The Research Hive at Momentum Investments
Eugene Botha, Head of TheResearch Hive
Don’t leave this to your fund administrator
Bowmans
Vanessa Jacklin-Levin, Partner, & Tshepo Twala, Senior Associate
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