07/07/2016 02:51:25 PM • by
According to the South African National Treasury only 6% of South Africans will be able to maintain their standard of living after retirement. People who start saving as soon as they start earning an income have the biggest advantage, as regular savers benefit the most from compound interest. CNBC Africa is joined by Gerald Mwandiambira, CFP®.
07/07/2016 10:51:23 AM • by
According to the 2016 Global Consumer Survey (GCS) issued by the Financial Planning Institute of Southern Africa (FPI), only 27% of South Africans believe that they are knowledgeable about finance and financial matters. However, 74% of South Africans consider building a savings plan to be a top priority. This highlights how strong the barriers that are preventing consumers from saving really are.
10/06/2016 03:44:54 PM • by
When you sit down with a financial planner, know what you're looking for in planning for your financial future.
03/06/2016 09:22:54 AM • by
Barbara Mundell, Technical Specialist at the Financial Planning Institute was part of a panel of experts discussing the various aspects of personal finance.
12/05/2016 10:52:17 AM • by
Delegates have a chance to join the largest gathering of some of the best brainpowers in the financial services industry while celebrating their pride in being part of positive strides that this professional community is making.
09/05/2016 03:40:07 PM • by
Financial planning works for everyone because it is not a one size fits all solution.
Financial planning is a process of structuring, arranging and managing your financial affairs to best meet your life goals. These can be as short term as saving for a car, to long term such as planning for retirement.
05/04/2016 02:49:36 PM • by
Never in the history of financial planning have so many game changers come into play at the same time, leaving many South Africans with more questions than answers about their financial future. Financial planners have to deal with an unprecedented set of circumstances, such as disruptive technology, radical innovation, fierce competitors, changing demographics, changing regulation, rising costs, political instability, poor economic growth, rising interest rates, market volatility and a vulnerabl...
04/04/2016 02:05:03 PM • by
Have you made a significant difference in the industry or do you know of anyone who has? You can now send through your nominations for the following awards:
17/03/2016 04:29:50 PM • by
As the South African economy continues to face its challenges, consumers are becoming increasingly aware of the little that they can save and are tightening their belts more than ever before. However, the challenge still lies with knowing how to plan for your financial wellbeing, and doing it right in order to achieve your goals.
04/03/2016 01:14:51 PM • by
Financial Planning Institute (FPI) chairperson Sankie Morata and Financial Services Board consumer education head Lyndwill Clarke called for basic financial education and orientation at schools at the FPI Global Consumer Survey launch last month.