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In South Africa, 85% of people don't have a will. Statistics reveal that over a third of South African households are headed by women, who also spend nearly three times more time on unpaid domestic work compared to men. This highlights the crucial role women play in households, making it essential for their financial literacy to include having an executable will to ensure their contributions are recognized and protected. Aneesa Razack, CEO of FNB Fiduciary, notes that during Wills Week (11-15 September 2023), FNB's commitment to innovation extends beyond digital banking to making a meaningful impact in customers' lives. The bank's new initiative allows customers to draft wills conveniently through the FNB App, addressing a critical need in estate planning.Teams spotlight
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