Unlocking the True Value of TFSAs for South Africans
Where I Am? | Viewer ==> Unlocking the True Value of TFSAs for South Africans

        Unlocking the True Value of TFSAs for South Africans

  Satrix Managers   Q3 of 2024 | 8 months ago

South Africa’s national savings rate fell to 14% in 2023. The country has one of the world’s worst savings rates compared to its emerging market peers. This has an inevitable knock-on effect, with the Financial Sector Conduct Authority (FSCA) finding that 90% of the population cannot continue the same standard of living in retirement. In the current high-inflation, high-interest cycle, financial advisers have a pivotal role to play in helping clients to save – and invest – what they can.


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Did You Know ?

Nedbank Investments's BettaBeta merged into CoreShares in 2015.

Prudential Fund Managers was founded in Cape Town in 1994 by Graham Mason, who is its chairman now as of 2023.

Ashburton Investments was founded in 1983 , currently is a subsidiary Firstrand Ltd.

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Disclaimer
Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation.