n Personal Finance Newsletter - What financial services can learn from stokvels : comment

Volume 2015, Issue 418
  • ISSN :



The financial services sector needs to learn from informal savings clubs, such as stokvels, and adopt the benefits they offer, such as easy access, transparency, and simplicity, according to Old Mutual research manager, Lynette Nicholson. Discussing the findings of Old Mutual's tenth , Nicholson said that financial services firms could learn from the way in which stokvels are run.

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