MINDSPACE soundbite – Solving South Africa’s income insecurity
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How do we help solve South Africa’s income security problem? How do we help make the most of the money people can afford to save? We need to look at collective risk sharing to absorb shocks that would otherwise fall entirely on individuals.
Interlinked with this is smoothing, so that members can be exposed to growth assets while feeling less impact from market fluctuations. When volatility is managed, there’s more room to take appropriate long-term investment risk.
South Africa’s income security crisis is an extremely complex problem worth solving. We have 21 million young people just starting their employment journey. Let’s set them on the right road from day one.
This MINDSPACE soundbite is inspired by the July edition of our MINDSPACE newsletter. Listen for more details on the reforms that could accelerate our growth.
If you’d like to subscribe, contact us at mindspace@oldmutual.com or visit the Old Mutual Corporate Resource Hub. Want to stay in the loop with the latest updates, insights and ideas around retirement, investment, risk, health and wellbeing on LinkedIn? Follow the Old Mutual Employee Benefits page for practical insights and fresh perspectives.
Interlinked with this is smoothing, so that members can be exposed to growth assets while feeling less impact from market fluctuations. When volatility is managed, there’s more room to take appropriate long-term investment risk.
South Africa’s income security crisis is an extremely complex problem worth solving. We have 21 million young people just starting their employment journey. Let’s set them on the right road from day one.
This MINDSPACE soundbite is inspired by the July edition of our MINDSPACE newsletter. Listen for more details on the reforms that could accelerate our growth.
If you’d like to subscribe, contact us at mindspace@oldmutual.com or visit the Old Mutual Corporate Resource Hub. Want to stay in the loop with the latest updates, insights and ideas around retirement, investment, risk, health and wellbeing on LinkedIn? Follow the Old Mutual Employee Benefits page for practical insights and fresh perspectives.
