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A surprisingly high number of working 18 – 23 year olds (the Z Generation) are adopting a responsible approach to money management, indicates the 2015 Old Mutual Savings & Investment Monitor, launched today.
Every rand that is funnelled towards the cost of managing a fund, rather than the members’ own savings, has a significant impact on their overall retirement pot. As a result, it is critical for the industry to partner with Government to reduce the cost in order to improve the level of savings among South Africans.
The key to financial success is simple: buy less and save more. Yet this easy-to-comprehend truth is extremely difficult to follow.
Investec Investment Management Services (IMS) today announced the launch of its Tax Free Savings Account (TFSA), which offers investors access to a wide range of underlying unit trust funds from Investec Asset Management and other third party managers.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?