Old Mutual review
Updated October 12, 2026 · DebitCue Editorial Team
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Our verdict
Old Mutual in Africa acts as a premium financial services group supporting retail and corporate customers toward lifetime financial goals. It suits individuals planning long term security and employers seeking broad solutions backed by community minded investment and sustainable business thinking.
Key facts
- Best for
- Individuals and employers pursuing lifetime financial goals
- Legal entity
- Old Mutual Limited (Source, checked September 26, 2026)
- Headquarters
- South Africa (Source, checked September 26, 2026)
- Founded
- 1845 (Source, checked September 26, 2026)
- Support channels
- Phone (Source, checked September 26, 2026)
- Official website
- oldmutual.com
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Wide selection of money solutions for households and employers
- Maintains Johannesburg exchange listing with published price updates for investors
- Purpose focuses on helping customers thrive through lifetime goals
- Backs environment, education and small business initiatives for shared futures
Cons
- African focus limits relevance for people outside the continent
- Broad group structure may feel distant for simple everyday needs
Who it suits
- Retail customers planning lifetime goals
- Corporate customers seeking broad solutions
- People valuing community minded investment
Who should look elsewhere
- People seeking providers outside African markets
The company behind it
Old Mutual Limited, known as OML, functions as a premium African financial services group. It serves retail and corporate customers in key markets across 12 countries. The group purpose involves helping customers thrive by enabling lifetime financial goals while investing funds to support families, communities and broader society. It contributes to improved customer and community life while pursuing a sustainable future for the business. Interim results and financial reports appear through its reporting centre with a shareholder diary of events.
How your money is protected
Old Mutual Limited holds licensed Controlling Company status for the Designated Old Mutual Limited Insurance Group with registration number 2017/235138/06. Group entities act as Licensed Financial Services Providers and Insurers supplying solutions to households and employers. Oversight comes from that licensed group structure and formal registration. The group recognises links between economic, social and environmental systems and pursues socially inclusive, low carbon and resource efficient growth to support long term stability for customers and communities.
How Old Mutual compares
Where Old Mutual is available
- Available
- Botswana, China, Eswatini, Ghana, Kenya, Malawi, Namibia, Rwanda, South Africa, South Sudan, Uganda, Zimbabwe
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What is Old Mutual Limited?+
Old Mutual Limited, known as OML, functions as a premium African financial services group. It supplies varied money solutions to households and employers. Its purpose centres on helping customers thrive and reach lifetime financial aims.
Who does Old Mutual serve?+
Old Mutual supports retail customers and corporate customers within its footprint. It helps individuals, families and employers work toward lifetime financial goals. Investment activity aims to create lasting positive outcomes for communities and broader society.
How does Old Mutual approach sustainability and community support?+
Old Mutual highlights links between economic, social and environmental systems. It supports growth that is socially inclusive, low carbon and resource efficient. Through Creating Mutual Futures it backs environment, education and small business initiatives that foster a green, strong and fair society.
Which company operates Old Mutual?+
Old Mutual is operated by Old Mutual Limited. (Source, checked September 26, 2026)
Where is Old Mutual based?+
Old Mutual is based in South Africa. (Source, checked September 26, 2026)
When was Old Mutual founded?+
Old Mutual was founded in 1845. (Source, checked September 26, 2026)
Sources
- oldmutual.com/about checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“Old Mutual was established in Cape Town in 1845 as South Africa's first mutual life insurance company”
- oldmutual.com/contact-us checked September 26, 2026
Backs: Support channels
“Customer Care: 0860 933 333”
Compiled from 2 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Annual fee, APR, Currency conversion fee, Rewards type.