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South African consumers’ financial vulnerability looking positive for the first quarter of 2018

Momentum  |  05 June 2018

South Africa’s “new political dawn” has had a positive impact on consumers’ feeling less financially vulnerable in the first quarter of 2018 (Q1 2018).

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Momentum Personal Loans makes debut on SA lending market

Momentum  |  02 May 2018

Momentum has made an exciting addition to its product suite and a much-anticipated entry into the unsecured lending market with the launch of Momentum Loans, offering personal loans and consolidation loans to consumers.

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Momentum launches Safe Dayz™ to promote road safety

Momentum  |  24 January 2018

24 January 2018 - Momentum has launched Safe Dayz™, a pioneering telematics solution aimed at promoting road safety and incentivising both drivers and passengers for being safe.

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Momentum Health announces an average weighted increase of 8.3% for 2018

Momentum  |  29 September 2017

Announcing a weighted average annual contribution increase of 8.3% for 2018, Momentum Health cited stability and growth in terms of its financials, product and service offerings in a challenging industry landscape.

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Consumer Financial Vulnerability Index Quarter 2, 2017

Momentum  |  26 September 2017

During the second quarter of 2017 South African consumers witnessed a mix of adverse economic events and negative political developments.

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Momentum wins Gold at Loeries

Momentum  |  21 August 2017

Momentums’ Smart Exit solution, developed together with Accenture, won the gold award in the Service Design category at this year’s prestigious Loeries. The Service Design category was introduced in 2015 to recognise brands that engage with their customers in an innovative way.

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Momentum Health is the adviser’s best advice

Momentum  |  30 May 2017

Momentum Health was crowned as the Product Supplier of the Year in the Health category at the recent Financial Intermediaries (FIA) awards. This is a remarkable success for Momentum Health as these awards are completely independent and are driven by recommendations from over 12 000 advisers in Southern Africa who regularly interact with the products they sell.

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Improved level of fairness reached for Momentum Short-term Insurance clients

Momentum  |  30 May 2017

Momentum Short-term Insurance has achieved an exceptional 4.29% overturned rate as reported in the 2016 Annual Report of the Ombudsman for Short-term Insurance (OSTI), exceeding the industry average rate of 27% which remains unchanged. This rate shows a percentage of claims submitted to the ombudsman, which are subsequently overturned in favour of a client.

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Budget 2017: Careful financial planning is critical

Momentum  |  23 February 2017

In a budget that can be summarised as revolving around taking from the rich to give to the poor in order to give effect to a more inclusive shared economy, the Minister of Finance, Pravin Gordhan, has left South African consumers with little room to manoeuvre.

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Unfortunately not better – South Africans remain under pressure The Momentum Unisa Household Financial Wellness Index (2015 results)

Momentum  |  14 September 2016

During 2015 Unisa, in collaboration with Momentum, conducted a nationally representative survey of households to uncover the levels of Financial Wellness in South Africa. In the process a large number of additional insights on household finances were obtained that were released on Wednesday 14 September at an event in Sandton.

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