FMHL flags currency risks to savings

“Repeated currency shifts and sus­tained inflation have eroded public confidence in long-term savings, and uncertainty around a potential return to mono-currency suppressed uptake of savings products during 2025,” FMHL said.

Advertisements FIRST Mutual Holdings Limited (FMHL) says repeated currency shifts and persistent inflation con­tinue to undermine public confidence in long-term savings products, weighing on insurance uptake.Advertisements This is despite sustained growth in the group’s core life insurance opera­tions, which continue to drive earnings. In its 2025 annual report to Decem­ber 31, the diversified financial services…

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