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Investment Indicators | 19 February 2024
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BUDGET 2024
Finance Minister Enoch Godongwana will present the 2024 Budget on 21 February.
Highlights of the Budget will be published on Moonstone’s website on Wednesday afternoon.
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IN THIS WEEK's ISSUE |
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Rates Review |
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Top stories |
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In the news |
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Moonstone Update |
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Regulatory Examinations |
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Careers Platform |
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ADVERTORIAL
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Two-pots is here (and in reality, this will be four pots), as
opposed to the existing one-pot. How is it looking in your kitchen?
Fund members will require sophisticated fund administration
accommodating the numerous alternative elective pre-retirement
withdrawals of the
Two-pots retirement system.
They will also require additional - professional - counselling
regarding the impact of premature pre-retirement withdrawal. Are you
and your funds ready for this legislation?
Book a presentation with our CEO
Gary Mockler
to see how GTC can assist 13B administrators and benefit
consultants with the relevant business processes associated with
Two-pot.
Visit our website at
www.gtc.co.za.
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RATES REVIEW |
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Secured Investment Rate |
Please note that (G) indicates a Guaranteed and (L) a Linked product. In order to understand the difference between guaranteed and linked rates,
kindly click here for an explanation. |
| R1
000 000 (3% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
6.940% |
6.690% |
| Momentum (L) |
6.370% |
6.340% |
| Discovery (G) |
6.223% |
6.146% |
| R1 000 000
(1.5% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
7.300% |
7.060% |
| Momentum (L) |
8.830% |
6.790% |
| Discovery (G) |
6.611% |
6.534% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Allan Gray |
9.09% |
9.12% |
| Symmetry |
8.72% |
8.74% |
| Coronation |
8.72% |
8.69% |
| Nedbank |
8.66% |
8.65% |
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Please bear in mind that our figures, though based on the actual quotations that you also use, are for information purposes only,
and can never replace the official quotation from the product house. In terms of the guarantees, you are requested to clarify the exact extent
of such guarantees with the product house prior to advising clients.
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CAREERS PLATFORM - INDUSTRY POSITIONS |
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Claims Administrator (Non-Motor) – Buildings: MUA Insurance Acceptances (Pty) Ltd, Bellville, Cape Town.
An excellent career opportunity awaits a dedicated and skilled claims specialist with technical knowledge and experience in personal lines building claims. |
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Marketing and Underwriting opportunity in Short term insurance: De Klerk & De Villiers Insurance Brokers (Pty) Ltd, Port Elizabeth.
We are offering a Marketing and Underwriting opportunity in Short term insurance Categories: Personal/Domestic Lines & Commercial.
We are looking for a dynamic professional with a good knowledge of Agri insurance / Agri background. |
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