Trust in financial services institutions and confidence in the country’s future is waning, with many people believing South Africa’s challenges will not be solved in their lifetime, according to a new study by Sanlam.
The Sanlam 2024 Benchmark Survey titled “Addressing the twin peaks of poverty alleviation”, which evaluated more than 1,300 of the company’s clients, found that 66% of its participants either felt vulnerable about their finances or believed they were financially exploited...
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