Financial products leave self-employed out in the cold

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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.

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