As per a yearly review uncovered by The Old Mutual Financial Services Monitor (OMFSM), less than one in five consumers in Ghana express confidence in the country’s economy.
OMFSM further express that, 64% of the Ghanaian working populace are extensively financially stressed, with 72% of this populace found among lower-income groups and 68% working in the informal sector.
The review is done consistently to acquire a more profound comprehension of the financial behaviors and perspectives of Ghanaians.
On retirement and reserve funds (savings), the report also said that just barely more than 37% of working Ghanaians effectively put something aside for their retirement, indicating that retirement savings did not rank among their top savings goals.
However, The Old Mutual Financial Services Monitor (OMFSM) is giving its best by fortifying Ghanaians to defeat their financial challenges, especially during their retirement age.
As per OMFSM, the review gives them the real facts, and they can now have the option to utilize those realities by giving solutions for Ghanaians by giving retirement answers to them.
Boasting of products that serve the unique purpose of helping people plan for retirement, OMFSM says they will serve all retirement and possibility needs.
Old Mutual is one of Ghana’s top 10 leading financial institutions, with an innovative record of offering the best in insurance services. It has since produced the Old Mutual Financial Services Monitor, which is an annual study into the financial behaviours of Africans with a key focus on the economic outlook and its impact on society.
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