Big Business Insights: Why financial wellness programmes don't always work

This episode of the Big Business Insights podcast discusses the shifting landscape of financial wellbeing in South African workplaces, particularly in the context of the country's retirement preparations and widespread financial literacy issues.  Blessing Utete hosts a conversation with Fatima Vawda, a Director of the Association of Savings and Investments South Africa, and Mlamuli Mbambo, Managing Director of Money Fundi, financial educator, coach and author. Why do some employees not make use of their workplace financial wellness programmes, even if they can clearly be used to their advantage? Can employee engagement with financial wellness programmes be improved? What kinds of strategies can be used to do so? Creative approaches like storytelling, gamification, and peer-to-peer learning are impactful ways to approach these sometimes tricky dynamics. Listen to this episode to find out. Resources used in this episode:  10x.co.za: 10X Retirement Reality Report   Businesstech.co.za: How much money you need to retire in South Africa   Mlamuli Mbambo LinkedIn   Oldmutual.co.za: What is the Financial Wellbeing Programme?   NYU StudentLink YouTube: What is Financial Literacy? | Introduction SABC News YouTube: Financial literacy challenges for SA: Mamapudi Nkgadima weighs in