OUTsurance Holdings Limited on Monday launched an innovative retail investment service to complement its suite of direct to consumer short-term and life insurance products.
In a country with a low savings rate, a large advice gap and expensive investment products, we want to help consumers easily and cheaply save and invest.— Willem Roos, OUTsurance
The new service, OUTvest, offers goal based advice and passive investment solutions via a website and an app combining sophisticated technology and financial advisors based in a call centre.
We’ve made it easy to invite friends and family to collectively invest towards making a meaningful financial goal become reality. For instance, grandparents will easily be able to contribute towards a tertiary education savings goal for grandchildren or friends will be able to collectively save towards a trip or sports tour, and invite others to support them.— Grant Locke, OUTvest
The Money Show’s Bruce Whitfield interviewed OUTvest Head Grant Locke.
For more detail; listen to the interview in the audio below.
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