Understanding RISE - lowest cost retirement fund alternative from SA's great democratisers of financial services
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Low-cost, low-entry barrier stockbroker Easy Equities is trying to democratise financial services in South Africa. Including retirement funding, a space dominated by massive institutions whose cost base makes it expensive for retail investors to participate. Easy's subsidiary RISE (Retirement Investment and Savings for Everyone) has been building a presence through offering ultra-low-costs and market-leading transparency - and in this interview, chief investment officer Duane Gilbert explains how it works and why Easy's young client base (average: early 30s) is joining in growing numbers. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
