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Moonstone Monitor | 20 June 2024

IN THIS WEEK'S ISSUE

Top stories

•	Critical illness: Momentum Life Insurance urges comprehensive coverage planning
•	SCA rules on composition of Financial Services Tribunal panels
•	Master accepts R1.5bn in creditor claims in BHI Trust scam

In the news

•	Inseta extends lifeline for Further Education and Training Certificates
•	Alexforbes: OUTvest lift-and-shift date set for 1 July
•	Economists forecast a repo rate cut in November
•	Third opportunity to comment on revised RMCP guidelines
•	Expect ‘investment opportunities’ punted via social media and messaging apps to be scams

Learn with MBSE

•	CPD – We are an authorised CPD provider
•	Class of Business training
•	Short courses – Popia, NCA, Fica, Entrepreneurship
•	Accredited qualifications – NQF 4 to NQF 8

Careers Platform

•	Advertising packages
•	Industry positions
•	Moonstone positions

In Lighter Wyn

•	Gender studies

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ADVERTORIAL

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.

Momentum’s 2023 statistics show that 57% of death benefit claims were due to cardiac and cancer events, yet less than 81% of these claimants had critical illness cover.

SCA rules on composition of Financial Services Tribunal panels

Litigation between Trustco and the JSE over the group’s financial statements.

Master accepts R1.5bn in creditor claims in BHI Trust scam

The joint trustees’ attorneys are sending letters demanding repayment from creditors who received over R300m in preferential payments in the six months before sequestration.

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IN THE NEWS

Inseta extends lifeline for Further Education and Training Certificates

Inseta’s decision allows MBSE to continue offering its FETC Short-term Insurance and FETC Wealth Management qualifications.

Alexforbes: OUTvest lift-and-shift date set for 1 July

Chief executive Dawie de Villiers is optimistic about the group’s DFM partnerships, where the target is to write R2.5 billion in the first year.

Economists forecast a repo rate cut in November

The annual inflation rate remained unchanged at 5.2% in May, but it is still some way from the Reserve Bank’s target of 4.5%.

Third opportunity to comment on revised RMCP guidelines

Draft Guidance Note 7A provides further guidance to accountable institutions about their Risk Management and Compliance Programme obligations.

Expect ‘investment opportunities’ punted via social media and messaging apps to be scams

ASISA provides a list of tell-tale signs that someone is trying to defraud you.

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CAREERS PLATFORM - INDUSTRY POSITIONS

•

Broker Support Administrator: Intellisure Insurance Brokers, Newlands, Cape Town. This will be the opportunity of a lifetime for the successful candidate who complies with the recommended requirements. A minimum of 10 years recent experience as a short-term insurance broker in a small office with the ability to multi-task.

CAREERS PLATFORM - MOONSTONE POSITIONS

•	For career opportunities currently available at Moonstone please click the button below.

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IN LIGHTER WYN

Gender studies

Wife Gardening

Argument

Big streak

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Contact

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