Financial products leave self-employed out in the cold

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

PERSONAL FINANCE

If we’ve learnt one thing from the Covid-19 coronavirus crisis, it is that the financial industry is in desperate need of innovation to meet the needs of a rapidly changing workforce.

Most financial products remain rooted in the idea that people work for corporates, have job security and earn a monthly salary. But the economy is rapidly changing, not only due to significantly higher levels of retrenchment and job uncertainty, but also with a rise in self-employed and so-called gig workers.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in

E-Editions

Read the digital editions of City Press here.
Read now
Voting Booth
ANC secretary-general Ace Magashule has written a letter suspending party president Cyril Ramaphosa in apparent retaliation after he was served with a letter of suspension on Wednesday.
Please select an option Oops! Something went wrong, please try again later.
Results
He doesn't have the power
28% - 24 votes
It’s a declaration of war
24% - 21 votes
Nothing but a distraction
48% - 42 votes
Vote