George Davis, Divisional Head at Risk Benefit Solutions (RBS)
Local consumers are traditionally underinsured – a critical oversight that only gets worse during tough economic times, especially in light of the recent announcement by the Reserve Bank’s Monetary Policy Committee last week. While there was no change to the interest rate in May, it was reported that this is merely a pause and not a reversal, indicating that consumers should brace for a further rate hike. (more…)
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