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Industry News

08 Nov 2023

Ensuring the future: A millennial mindset

By: Peter Olyott, CEO of Financial Services Provider, Indwe Risk Services (Indwe) The millennial mindset of instant gratification can negatively impact the decision to purchase insurance for possessions or things. This is reinforced when a person goes for months or even years without experiencing a loss, resulting in the assumption that there are no perceived...
03 Nov 2023

Helping entrepreneurs retire with confidence

By: Farzana Botha, Segment Manager, Sanlam Risk & Savings A recent Sanlam survey found that starting a business was the second highest priority for most South Africans. Nearly 70% of black respondents said this was their top priority. In a nation where the small business sector is the ‘engine’ of the economy, this is hugely...
03 Nov 2023

A view on the medium-term budget policy statement (MTBPS)

The Medium-term budget outcomes highlight a prudent approach to fiscal spending with R154 billion in proposed cuts to expenditure over the next three fiscal years. However, the bulk of these cuts are expected to fund the overrun in the wage bill rather than more productive spending in the economy, says Sanisha Packirisamy, economist at Momentum Investments.  “Fiscal...
03 Nov 2023

SA balanced funds  – focus on global exposure

By: Rayhaan Joosub, Head of Multi-Asset, Co-CIO, Sentio Capital Balanced funds are crucial to providing savers with real returns to meet their long-term retirement needs. The recent increase in the Regulation 28 limits allows a maximum of 45% of balanced fund assets to be invested offshore, raising the question of how best to invest these...
01 Nov 2023

How to choose the right default option for a retirement fund 

By: Shaheed Mohamed, Head of Group Savings and Investments at Allan Gray The shift from standalone retirement funds to umbrella funds continues to gain momentum. While there are many factors that need to be considered when selecting an umbrella fund, such as the provider’s administrative capabilities, fees, service and transparency, among others, choosing the most appropriate investment...
01 Nov 2023

Time to seize the income protection opportunity

By: Nic Smit, Chief Product Actuary, Bidvest Life Income protection should be the first line of defence in any financial plan – but while it’s growing in popularity, many consumers remain unaware of this kind of cover, as lumpsum-based life insurance continues to dominate the South African market. With the rising cost of living, falling...
01 Nov 2023

The Great Unretirement – why working beyond your 60s is the future

By: Sonja Steyn, Head of Wealth Management Strategy, Private Wealth & Business Management at Consult by Momentum In today’s dynamic and evolving business landscape, the concept of retirement is undergoing a profound transformation. The traditional notion of leaving the workforce at a certain age and entering a state of relaxation is being replaced by the exciting concept...
01 Nov 2023

Making progress on our responsible investing journey

By: Mike Adsetts, Chief Investment Officer, Momentum Investments In Momentum Investments’ fourth Stewardship Report, we continue to share and highlight the progress made on our responsible investing journey. Over the last year there was a heightened focus on climate change and the need to responsibly approach portfolio decarbonisation. To this end we have formalised the...
01 Nov 2023

Benefits to unleash full development potential for young clients

By: Josua Joubert, Chief Executive and Principal Officer, CompCare Medical Scheme It’s slim pickings on the low-hanging fruit these days, with so many households becoming increasingly conservative in their spending. You may have seen the Q3 TransUnion 2023 Consumer Pulse Study, which reported a staggering 62% reduction in discretionary spending among respondents, with further cuts...
25 Oct 2023

Why fund performance alone is not a track record

By: Ross Reuvers & Edo Bräsecke, Co-founders of Methodical Investment Management Over the next few months, as we approach our eighth year of business and R8bn in assets under management, invested across asset classes income to global, we will be reflecting on our journey at Methodical Investment Management and examining what makes us who we...

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