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South Africans do not save much and therefor rely on credit instead of on savings during tough financial times. The problem is that credit cost money or interest, which could be avoided if there was enough savings. So, is there a solution?
Summary of retail rand-denominated unit trust and FSB-approved foreign collective investment scheme returns, fund ratings and management company ratings for the quarter ended 30 June 2014.
With over 1 000 unit trust funds available locally, selecting the right one for you can seem like a daunting exercise. Here are six steps to get you started.
Unit trusts have become the preferred investment vehicle in South Africa. There are now over one thousand unit trust funds to choose from and approximately R1.5-trillion assets invested in these funds. John Duncan, head of technical marketing at Momentum Asset Management, examines this trend.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?