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Thought leadership: Towards a cashless society – Financial inclusion and consumer safety through digitisation

Use of hard cash as a percentage of total global payments is steadily declining but the key driver of its supply and demand is the consumer’s propensity to adopt alternatives such as digital transactions. The use of legal tender such as coins and notes has been declining in mature first world economies since the 1990s […]

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Don’t overlook insuring your partner’s parents

Couples in long-term committed relationships often find themselves having to support their spouses financially when one of their in-laws who doesn’t have adequate funeral insurance passes away. Lee Bromfield, CEO of FNB Life, says “Even if you have funeral cover for your own parents, you may find yourself in a financial predicament if one of […]

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Five money mistakes retirees must avoid

Retirement planning is an ongoing process, in fact once retirement starts it becomes all the more important to make wise investment decisions. Preenay Sathu, Channel Head at FNB Financial Advisory, says, “Retirees must have a clear strategy regarding how their retirement funds will be invested to sustain themselves through the years beyond retirement. Individual circumstances […]

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