Scammers are increasingly impersonating financial institutions and industry leaders to target retirement savers, while unqualified “finfluencers” spread risky advice online. South Africans are urged to verify credentials, avoid unsolicited messages, protect personal information, and rely on trusted, regulated sources before making financial decisions.

Buy Now Pay Later schemes, heavily promoted during the festive season, pose hidden risks. With no NCA protection, affordability checks or clear disclosures, BNPL can worsen debt, strain household budgets, and leave vulnerable consumers exposed to serious financial setbacks in the new year.

At Momentum’s 7th Science of Success Festival, Dr. Price Pritchett shared a four-point checklist, set big goals, pursue relentlessly, do the mind work, track progress, highlighting discipline, mindset, and support as keys to achieving financial security and personal success.

PSG Financial Services appoints economist Johann Els as Group Chief Economist from 1 December 2025. With 35+ years’ experience, Els will strengthen macroeconomic research, supporting advisers and clients with actionable insights to navigate South Africa’s and global markets.

George Kolbe, Head of Life Insurance Marketing at Momentum Life Insurance, highlights life cover as the ultimate festive gift: a proactive step ensuring family financial security, protecting income, debt, and education, while offering peace of mind amid holiday risks.

Thomas Berry of PSG Wealth explains how Tax-Free Savings Accounts and Retirement Annuities serve different financial goals. While TFSAs offer flexibility and tax-free growth, RAs provide disciplined, long-term retirement savings with tax-deductible contributions, often working best when used together.