Press Releases

Old Mutual launches initiative to further drive transformation in SA’s financial services sector

13 Mar 2017
Old Mutual Black Distributor's Trust has announced the launch of the Infinitum Initiative, a first of its kind incubation programme to further boost transformation in the financial services sector, grow the number of black financial advisers and create new employment opportunities.
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Old Mutual Om die Dam Marathon raises funds for worthy causes

13 Mar 2017
The hashtag #Running4Girls is going to be running rampant at the 27th Old Mutual Om Die Dam marathon. Running4girls is an initiative set up by the non-profit organization Caring4Girls, in an effort to raise awareness of the sanitary needs of schoolgirls in South Africa.
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Old Mutual Emerging Markets announces solid results despite challenging conditions

9 Mar 2017
Old Mutual Emerging Markets (OMEM) delivered a solid set of results against a challenging macroeconomic environment. These results were underpinned by strict expense management across the business and a positive contribution from the South African businesses.
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2017 Old Mutual Retirement Monitor reveals decline in preservation

7 Mar 2017
Low rates of preservation of retirement savings will result in many South Africans not reaching their retirement goals. This is the key finding of the 2017 Old Mutual Corporate Retirement Monitor, which reports a dramatic decrease in the number of employees planning to preserve their savings should they resign from their position.
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SA economy showing telling signs of a turnaround

1 Mar 2017
A much improved global economic environment is supporting stronger growth in South Africa, with a stabilising rand and lower inflation expected to pave the way for interest rate cuts in the second half of 2017.
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Three Cranes Challenge kicks off the 2017 Old Mutual Wild Series

27 Feb 2017
Solicitor Manduwa, an Old Mutual runner, took first place at the 2017 Wild Series Three Cranes Challenge, which was brought to a close on Sunday 26 February.
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Post Budget Speech Commentary by Malusi Ndlovu - Head of Old Mutual Corporate Consultants

23 Feb 2017
The 2017 budget speech takes place at a time when the fiscus is under pressure. Unsurprisingly, the Minister has raised the necessary additional revenue by primarily increasing personal taxes.
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Top Economics students honoured

23 Feb 2017
Business and government leaders last night celebrated the brilliance and promise of South Africa’s young economics students – finalists of the annual Nedbank and Old Mutual Budget Speech Competition - at a dinner hosted by Nedbank and Old Mutual, with Finance Minister Pravin Gordhan as guest of honour.
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Consumers to remain under pressure in 2017/2018 tax year, says Old Mutual

23 Feb 2017
23 February 2017: The 2017 National Budget Speech delivered by Finance Minister Pravin Gordhan did little to bring relief to consumers’ pockets, and reinforces the need for South Africans to keep their finances under control.
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Crucial Budget needs to go bigger on tax and spending cuts to meet contraction targets

21 Feb 2017
The upcoming Budget will be a critical one given there is no more room for the upward revision of deficit targets as seen over the last few years. As a result of the current slow growth environment, the tax increases and expenditure cuts set in October’s Medium-term Budget have to be adhered to if Treasury is to deliver a positive Budget.
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Want a happy retirement? Start saving now!

15 Feb 2017
Despite alarming statistics showing that South Africans are not preparing adequately for retirement, many individuals are still not heeding the call to take steps to better their financial situation. The most recent Old Mutual Savings and Investment Monitor revealed that in 2016, 77% of respondents reported being constantly worried about not having enough money, yet only 69% of respondents set financial goals (down from 78% the previous year).
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Don't let finances ruin your relationship

14 Feb 2017

When two people are planning their future together, disagreements around money and spending habits are bound to occur from time to time. However, if not properly communicated and swiftly resolved, a financial quarrel can start to fester in an otherwise healthy relationship.
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