Shaun Duddy, Head of Product Development at Allan Gray Although the primary objective of the two-pot retirement system – set to be implemented on 1 September 2024 – is to improve...
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July CPI plunge to 4.6% is supportive of an interest rate cut
Sanisha Packirisamy, Economist at Momentum Investments As reported by Statistics South Africa (Stats SA) the consumer price index (CPI or headline inflation) eased markedly from 5.1%...
Economic Outlook in South Africa (August 2024)
Content curated by AI South Africa, the continent's most advanced economy, faces a complex economic landscape as it navigates multiple challenges and opportunities. The country's...
We weigh in on top FinTok trends
Tshego Bokaba, Consumer Financial Education at Momentum Group Almost 18 million South African users aged 18 and older… Opened 20 times a day on average… Third most popular social media...
Short-term Loans an Employee Benefit. REALLY?
Nico van der Walt, Partner at Tandem Debt Solutions Filling a car with petrol of diesel has been an unpleasant experience recently, as well as has the arrival of the monthly water and...
Some positive signs, but many consumers still reliant on loans
Benay Sager, Executive Head of DebtBusters Despite inflationary pressure somewhat subsiding, consumers continue to use loans to make ends meet as inflation’s cumulative effect together...
Top considerations if you’re thinking about withdrawing your savings pot
Vickie Lange, Head of Best Practice at Alexforbes From 1 September 2024, the two-pot system will provide a balanced solution by addressing retirement fund members’ needs for...
Impact of two-pot on retirement fund members, and what employers need to know
Shaheed Mohamed, Head of Group Savings and Investments at Allan Gray The upcoming two-pot system is designed to enhance retirement outcomes by ensuring that at least two-thirds of a...
Employers urged to apply a gendered lens to EVP ahead of two-pot implementation
Samantha Jagdessi, Head of Advice & Best Practice at Old Mutual Corporate; Michelle Acton, Retirement Reform Executive at Old Mutual & Lindiwe Sebesho, Managing Director of Remchannel...
Kids are Never Too Young for the F Word: 5 Critical Conversations to Start Talking Finances with Your Kids
Mariska Oosthuizen, Chief Marketing Officer at Sanlam How the F(inance) does one talk ‘money’ with one’s kids? A 2024 Her Money Mindset survey suggests as many as 20% of parents don’t...
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