Pieter Albertyn, Head of Product Solutions at Momentum Savings, says gig workers face unique financial challenges, particularly around retirement planning, income security and access to benefits, highlighting the importance of building long-term savings habits and seeking financial guidance despite the demands of self-employment.

Funeka Ngewu, Head of Claims at Momentum Insure, says many consumers mistakenly assume all household possessions are automatically covered, warning that portable items, solar installations and underinsured valuables often fall into insurance gaps unless policies are regularly reviewed and updated.

Dr Fred Philippou, Financial Planner at Liberty, says rising unemployment, economic uncertainty and increasing household financial pressures are making financial protection more important than ever, with income protection, disability, critical illness and short-term insurance helping families maintain financial stability when unexpected events disrupt their ability to earn an income.