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Investment Indicators | 22 April 2024
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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. |
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R1 000 000 (3% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
7.380% |
7.280% |
| Discovery (G) |
6.751% |
6.747% |
| Nedgroup Life (L) |
6.150% |
6.050% |
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R1 000 000 (1.5% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
7.740% |
7.650% |
| Discovery (G) |
7.141% |
7.137% |
| Clientele Life (G) |
6.130% |
6.130% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Allan Gray |
9.12% |
9.10% |
| Coronation |
8.84% |
8.88% |
| Symmetry |
8.59% |
8.84% |
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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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ADVERTORIAL
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Unlocking global opportunities with Investec
Tectonic shifts in demographics will change the way we think about
retirement planning. Structured products can play a key role in
navigating these changes.
Global demographic shifts are increasingly under the spotlight and
investment professionals and investors alike are having to think about
what this means for their portfolios.
In this environment, structured products have a key role to play. In
recent years, investors have been drawn to this particular alternative
asset class as an excellent way to reduce volatility in their portfolios
in the years just before and after retirement. Structured products can
be an excellent tool for hedging the risk of a market sell-off while
also allowing participation in the upside.
Read the full article,
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CAREERS PLATFORM - INDUSTRY POSITIONS |
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Gap Cover Claims Assessor: Cura Administrators, Pretoria.
We are looking for a competent, dependable, and energetic Gap Cover claims administrator to manage Gap Cover claims.
Related medical scheme experience is essential. |
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Representatives and Brokers: Manage All, Pretoria and countrywide.
Manage All invites brokers and representatives to join our brokerage and market our range of medical scheme products.
Applicants must have a reputable track record in the financial services industry and must be compliant with Fit and Proper regulations. |
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Client Services Administrator Medical Schemes: Manage All, Pretoria.
We are looking for a competent, dependable and energetic client services administrator to manage medical scheme queries.
Requirements include: RE5, Class of Business training in Health Benefits. Related Medical Scheme experience essential. |
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Policy Administrator / Underwriter: Glenwood Brokers (Pty) Ltd, Pretoria.
Glenwood Brokers is an established short-term Financial Service Provider situated in the East of Pretoria.
We have a position available in the policy administration department. The role is focused on providing an end-to-end service and support to our clients. |
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