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Investment platforms, which enable investors to save and invest according to their specific needs, are gaining momentum in South Africa. These platforms, accessible online from any location and at any time, present a convenient option for wealth creation.
The gold price recently reached another all-time high, prompting investors to reassess their current exposure. Is it time to take profit for those who have held positions in gold or is it better to just hold on? And if an investor does not hold any gold – is there still a case to be made to initiate a position now?
Many living annuity providers across South Africa can no longer offer investors unlimited offshore exposure when they retire. This is because investment companies may have reached their offshore investment limit.
If I were tasked with taking my firm’s customer experience (CX) to the next level, I would: