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Bank charges under scrutiny & Two-Pot retirement withdrawals rise

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Manage episode 481209319 series 1375801
Content provided by Primedia Broadcasting and Radio 702. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Primedia Broadcasting and Radio 702 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Stephen Grootes speaks to Michael Jordaan, Co-founder of Bank Zero about the Financial Sector Conduct Authority's (FSCA) and Kokkie Kooyman, Executive Director & Portfolio Manager at Denker Capital about concerns over significant disparities in bank fees for similar products and services, and the authority's efforts to assess and regulate these practices to ensure fairness and transparency for customers.

In other interviews, Natasha Huggett-Henchie, consulting actuary and member of the Actuarial Society of South Africa’s Retirement Matters Committee about the two-pot retirement system, where many members are making repeat withdrawals, with around 75% of applications being second claims, and the average withdrawal amount dropping from R20 000 to R6 000.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
Thank you for listening to The Money Show podcast.
Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk.
There’s more from the show at www.themoneyshow.co.za
Subscribe to the Money Show daily and weekly newsletters
The Money Show is brought to you by Absa.
Follow us on:
702 on Facebook: www.facebook.com/TalkRadio702
702 on TikTok: www.tiktok.com/@talkradio702
702 on Instagram: www.instagram.com/talkradio702
702 on X: www.x.com/Radio702
702 on YouTube: www.youtube.com/@radio702
CapeTalk on Facebook: www.facebook.com/CapeTalk
CapeTalk on TikTok: www.tiktok.com/@capetalk
CapeTalk on Instagram: www.instagram.com/capetalkza
CapeTalk on YouTube: www.youtube.com/@CapeTalk567
CapeTalk on X: www.x.com/CapeTalk

See omnystudio.com/listener for privacy information.

  continue reading

1284 episodes

Artwork
iconShare
 
Manage episode 481209319 series 1375801
Content provided by Primedia Broadcasting and Radio 702. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Primedia Broadcasting and Radio 702 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Stephen Grootes speaks to Michael Jordaan, Co-founder of Bank Zero about the Financial Sector Conduct Authority's (FSCA) and Kokkie Kooyman, Executive Director & Portfolio Manager at Denker Capital about concerns over significant disparities in bank fees for similar products and services, and the authority's efforts to assess and regulate these practices to ensure fairness and transparency for customers.

In other interviews, Natasha Huggett-Henchie, consulting actuary and member of the Actuarial Society of South Africa’s Retirement Matters Committee about the two-pot retirement system, where many members are making repeat withdrawals, with around 75% of applications being second claims, and the average withdrawal amount dropping from R20 000 to R6 000.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
Thank you for listening to The Money Show podcast.
Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk.
There’s more from the show at www.themoneyshow.co.za
Subscribe to the Money Show daily and weekly newsletters
The Money Show is brought to you by Absa.
Follow us on:
702 on Facebook: www.facebook.com/TalkRadio702
702 on TikTok: www.tiktok.com/@talkradio702
702 on Instagram: www.instagram.com/talkradio702
702 on X: www.x.com/Radio702
702 on YouTube: www.youtube.com/@radio702
CapeTalk on Facebook: www.facebook.com/CapeTalk
CapeTalk on TikTok: www.tiktok.com/@capetalk
CapeTalk on Instagram: www.instagram.com/capetalkza
CapeTalk on YouTube: www.youtube.com/@CapeTalk567
CapeTalk on X: www.x.com/CapeTalk

See omnystudio.com/listener for privacy information.

  continue reading

1284 episodes

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