Liberty staff targeted in ‘abusive’ email campaign
Liberty staff targeted in ‘abusive’ email campaign

Click here to view this message in a browser.
Moonstone Header
Investment Indicators | 12 August 2024
IN THIS WEEK's ISSUE
Rates Review
Investment Rates
Money Market Funds
Top 3 Rates
Top stories
‘Do not panic, look out for opportunities, but stick to your risk budget’
Liberty asks for prison term for ‘threatening and derogatory’ email campaign
Lara Warburton: from unplanned paths to financial planner of the year
In the news
Animated video explains the two-pot retirement system
Tweaking needed to tighten anti-avoidance rules on loans to trusts
Broker debarred for adding property to policy after it was set on fire
When does the countdown for tracing a fund member’s dependants start?
Moonstone Update
Regulatory Examinations
Download the latest RE Prep Guide here. Please ensure you download this version to use in your preparation, together with your study material. Please study the tasks, criteria and legislation referenced in the guide.
RE preparation videos
Schedules for 2024
WARNING: Beware of fraudulent operators pretending that they work for or with Moonstone.
Careers Platform
Advertising packages
Industry positions
Moonstone positions
ADVERTORIAL
GTC banner 2023-10-02
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.

TrancSpacer
RATES REVIEW
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)
Company This week Last week
Clientele (G) 6.140% 6.810%
1Life (L) 6.130% 6.200%
Discovery (G) 5.799% 5.751%
R1 000 000 (1.5% commission)
Company This week Last week
1Life (L) 6.490% 6.560%
Clientele (G) 6.460% 6.130%
Discovery (L) 6.186% 6.138%
Money Market Funds
R100 000
Company This week Last week
Allan Gray 9.01% 9.08%
Symmetry 8.67% 8.68%
Coronation 8.61% 8.42%
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.
TrancSpacer
TOP STORIES
‘Do not panic, look out for opportunities, but stick to your risk budget’
The US economy is giving off mixed signals, and the big question is whether it will slip into a recession or manage a soft landing.
Top story read button
Liberty asks for prison term for ‘threatening and derogatory’ email campaign
The man persisted with his abusive emails despite being found in contempt of court twice and being sentenced to a period of direct imprisonment.
Top story read button
Lara Warburton: from unplanned paths to financial planner of the year
The 2023 FPI Financial Planner of the Year reflects on her career and shares some advice for young professionals entering the industry.
Top story read button
TrancSpacer
ADVERTORIAL
Discovery_Invest_660x150.jpg
Helping retirees gain certainty and security in retirement

The Secured Capital Annuity from Discovery Invest is a comprehensive solution for securing financial stability in retirement. It offers guaranteed income for life, preserving capital through life cover, and the option to receive 13th cheques for up to 10 years in retirement.

Clients who choose to receive 13th cheques will also have an income pattern that changes over the course of retirement depending on the client’s age. The Secured Capital Annuity ensures certainty, security and peace of mind, a premium choice for clients whose needs extend past the range of traditional retirement income plans.



Learn more

TrancSpacer
IN THE NEWS
Animated video explains the two-pot retirement system
It is accompanied by three brochures that unpack different aspects of the two-pot system in more detail.
Itn read button
Tweaking needed to tighten anti-avoidance rules on loans to trusts
The draft Taxation Laws Amendment Bill addresses a critical anomaly in trust anti-avoidance legislation. By narrowing the transfer pricing exemption, the Bill ensures that only the correct portion of cross-border trust loans escapes double taxation.
Top story read button
Broker debarred for adding property to policy after it was set on fire
The house, which belonged to the broker’s brother, was set alight after the sheriff served an eviction letter on the occupant.
In the news 3 read button
When does the countdown for tracing a fund member’s dependants start?
High Court hands down a decision on the interpretation of the tracing provision in section 37C of the Pension Funds Act.
In the news 4 read button
TrancSpacer
FICA banner
TrancSpacer
MOONSTONE UPDATE 5 TO 8 AUGUST 2024
Health Minister slams R1.3tn NHI cost estimate
Watch Moonstone Update for an overview of some of the stories covered in the past week's Moonstone newsletters.


Moonstone Update 2023-12-01

TrancSpacer
Career opportunities
TrancSpacer
CAREERS PLATFORM - INDUSTRY POSITIONS
 
Treasury Trader: Remgro Management Services Ltd,Stellenbosch. Position available for a representative with experience in deposits, money market as well as derivative instruments. The ideal candidate should not have to work under supervision anymore.
Read more
Key Individual (Category 2 License: Bonds, Shares and Crypto): Minu Financial Services, Johannesburg,GP. Are you a driven and experienced financial professional with a Category 2 License specializing in bonds, shares and crypto? Do you have a passion for guiding investment strategies and ensuring compliance within a fast-paced environment? If so, we invite you to be part of our innovative and growing team.
Read more
Commercial Underwriter: Supertech Financial Services,Bellair, Durban, KZN. We are searching for a Commercial Underwriter to join our dynamic team.Candidates applying for the position must be able to provide accurate and detailed underwriting of commercial insurance applications.
Read more
Insurance Consultant: Santam, Bellville, Cape Town. Santam Operations, Commercial Contact Centre have career opportunities available for Insurance Consultants. The insurance consultant role is focused on providing an end-to-end service and support to brokers.
Read more
Experienced Financial Advisor – Wealth Management: Morebo Wealth (Pty) Ltd, Braamfontein. Empower your growth, enjoy flexibility, maximize your earnings, and thrive with a supportive, entrepreneurial environment. We offer numerous growth and development opportunities within our diverse business units. Join us to build strong, lasting relationships and realize your potential.
Read more
CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
Read more
 
Contact
Manage your preferences | Opt out using TrueRemove®
Got this as a forward? Sign up to receive our future emails.
View this email online.
This email was sent to walda@ida.co.za
Continue receiving our emails, add us to your address book.
©2021 Moonstone Information Refinery (Pty) Ltd. Registration number: 2000/001874/07.
All rights reserved. | View Disclaimer