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Medihelp customers the most satisfied as Discovery, Bonitas and Momentum decline.
• Growth in insured construction activity noted in 2017 when compared to 2016 • Peak in insured construction activity in Q1 2017 • Advice for construction businesses to support growth and economic progression
South Africans are dreadfully underinsured. The Association for Savings and Investment South Africa (ASISA) has estimated that 14 million families face a combined insurance shortfall of almost R29 trillion should the main breadwinner become unable to generate an income.
According to analysis done by savings fintech start up MyTreasury.co.za, South African’s household savings rate comes last when ranked against the G20 countries. This is distressing news during Savings Month as it means that too many South Africans are living in debt or eating into their capital.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?