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Catering to current and future workforce needs

The face of South Africa’s workforce is changing. In 2013, 39% of employees who had employer-provided benefits with Momentum Corporate were millennials, but today – just five years later – millennials make up the majority (51%) of this member base. Yet few South African employers have adapted to the ever-shifting landscape, with many offering the […]

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How trustees can protect vulnerable members’ retirement savings

Given the volatile nature of local markets in recent years, smooth bonus funds have increased in popularity among cash-strapped South Africans seeking a more stable ride to retirement. This most likely shows that South Africans, especially those who are most vulnerable, are opting for all the protection from market volatility that they can get. (more…)

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Liberty joins forces with FCSA to educate communities on unclaimed benefits

Liberty Corporate is partnering with the Financial Sector Conduct Authority (FCSA) during Money Smart Week South Africa (MSWSA). The MSWSA is taking place this week (8-12 October) and aims to heighten awareness around the importance of financial education. (more…)

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Elaine Wright, Wellness Strategist at Momentum Corporate

What’s distracting women in the workplace?

As women’s month draws to a close, there is a heightened awareness of women’s invaluable contribution to the workplace and economy. Elaine Wright, Wellness Strategist at Momentum Corporate, says women can add even greater value if they are empowered to overcome the distractors that often undermine their productivity. (more…)

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Katherine Barker, Head of Momentum FundsAtWork

Women need to plan better for their financial future

Busy South African women juggling a myriad of responsibilities often fail to prioritise planning for their financial future. Katherine Barker, Head of Momentum FundsAtWork, says women face different financial risks to men and need to take ownership of their financial future. The right umbrella fund offers female members the flexibility they need to address their […]

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The benefit of wellness programmes

It’s abundantly clear from research by medical schemes such as Discovery and Momentum – the two medical aid schemes with the biggest wellness incentive programmes in Vitality (700 000 main members) and Multiply (154 181 main members) – that members engaging in some form of activity on a regular basis have lower medical claims on average compared […]

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New research highlights damaging impact of distracted employees

South African companies, reeling from the rising cost of absenteeism on employee productivity, will be shocked to discover that presenteeism actually costs them much more. New research by Momentum Corporate shows that presenteeism, the phenomenon when employees are at work but not being productive because they are distracted, could be costing South African businesses a […]

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Improve retirement outcomes with high impact benefit counselling

Benefit counselling can be instrumental in improving retirement outcomes by creating a better understanding of benefits and driving more informed decision-making. However, Katherine Barker, Head of Momentum FundsAtWork, believes that to achieve this, it’s key to look beyond legal compliance to the new Retirement Funds Default Regulations and focus on delivering benefit counselling that has […]

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