Old Mutual Personal Finance Archives

21 Oct 2019

Old Mutual announces resignation of MD of Old Mutual Personal Finance

By Janice Roberts

Old Mutual Limited has announced that Ms. Karabo Morule, Managing Director of Old Mutual Personal Finance, has resigned for personal reasons. She will remain in her role for three months to assist with the transition to the internal successor.

25 Sep 2019

Is your money hiding from you?

By Janice Roberts

If you’re struggling to make ends meet at the end of the month, you’re not alone. According to the 2019 Old Mutual Savings and Investment Monitor, South Africans are feeling the financial pinch more than ever. But did you know that some of your money could be hiding from you and that, with some careful...

18 Dec 2018

What does 2019 hold for SA financial advisers?

By Janice Roberts

What made 2018 a tough year for South African financial advisers were the uncertainties around the evolving regulatory landscape, the weak national economy and the increasing impact of global politics.

05 Sep 2018

Haul out the checklist – it’s time for a money review

By Janice Roberts

Good intentions can be like rainbows. Clear and bright one minute, faded and forgotten the next. In fact, some surveys suggest that only 20% of people stick to their New Year’s resolutions past February each year.

12 Dec 2017

The age-old debate: to buy or not to buy a home

By Janice Roberts

By Tristan Naidoo, Legal Advisor, Old Mutual Personal Finance. What’s in the news? Data from FNB’s House Price Index for the month of October showed mild year-on-year growth – at 4.3% – noticeably lower than both consumer price and rental inflation. This implies that the Price-Rent Ratio – a common measure of “real” house prices...

22 Nov 2017

How to avoid a financial hangover in January

By Janice Roberts

As the so-called silly season approaches, many South Africans throw caution and their budget out the window to enjoy the annual extravagant holiday activities and sprees. Splurging on unnecessary ‘summer essentials’ and gifts or flashy vacations can however lead to a financial hangover in January, warns Lizl Budhram, Head of Advice at Old Mutual Personal...

06 Nov 2017

How to ensure your risk cover gets paid out

By Janice Roberts

Life is full of unpredictable moments. Although we can’t prevent many of them, we can at least plan for them.

06 Sep 2017

Single mothers urged to combat financial vulnerability

By Janice Roberts

Your health and personal wellbeing are arguably your most valuable assets – especially if you have loved ones who depend on you. According to the 2017 Old Mutual Savings & Investment Monitor, 50% of metropolitan working mothers consider themselves to be single mothers, and only 16% say that they receive regular financial support from the...

14 Aug 2017

Why value is key to success in a post-RDR world

By Janice Roberts

Within the current economic and legislative environment, demonstrating value as a financial adviser has become imperative, says Lizl Budhram, Head of Advice at Old Mutual Personal Finance. The Retail Distribution Review (RDR) is expected to put adviser fees under customers’ microscopes and technological trends such as robo-advice and shifting consumer behaviour requires advisers to reinvent...

08 Aug 2017

Women’s Month: a reminder to take charge of your financial future

By Janice Roberts

By Madelein Marais, Legal Advisor at Old Mutual Personal Finance What’s in the news? As we celebrate National Women’s Month and the role that women play within society, it’s also an appropriate time for all South African women to take stock of their finances and own their financial security and success.

02 Aug 2017

Transforming stokvels into investment opportunities

By Janice Roberts

Earning a good salary is no longer a sure road to financial freedom. It’s about how much of this salary you can save – and how well you can make it grow for you.

07 Jun 2017

What does ‘junk status’ and a ‘downgrade’ mean for the average South African?

By Janice Roberts

By Lizl Budhram, Head of Advice, Old Mutual Personal Finance What’s in the news? South Africa’s economy entered a technical recession after gross domestic product (GDP) contracted by 0.7% in the first quarter of 2017. This news follows the recent decision made by Standard and Poor’s (S&P) last Friday, 2 June, to affirm South Africa’s...