Old Mutual has released its 2022 Savings & Investment Monitor. The annual survey aims to understand customers’ changing lifestyles and to find innovative ways to respond to their evolving financial needs. Key findings from the report include consumers being more confident and optimistic about their future financial prospects. In addition, more respondents reported that they have changed their financial behaviours for the better, with regards to savings and paying debts. However, not all respondents are doing well, many are still dipping into their savings, borrowing money to make ends meet or failing to pay household bills and payments.
