Rise in members planning a two-pot withdrawal
Rise in members planning a two-pot withdrawal

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Investment Indicators | 15 July 2024
IN THIS WEEK's ISSUE
Rates Review
Investment Rates
Money Market Funds
Top 3 Rates
Featured Article
Top stories
Why these Veblen stocks deserve a place in my investment portfolio
Increase in fund members planning to make a two-pot withdrawal
In the news
Book now for Moonstone Compliance’s no-cost FICA webinar
More consumers turning to rewards to manage living expenses
Accountable institutions urged to note heightened terror-financing risk in SA
Watch out for these tell-tale signs of a tax-filing season scam
Costly battle: addressing absenteeism with corporate wellness programmes
FSCA notices in respect of authorisation and competency/fee exemptions
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.

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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
1Life (L) 6.330% 6.540%
Discovery (G) 5.697% 5.796%
Nedgroup Life (L) 5.290% 5.480%
R1 000 000 (1.5% commission)
Company This week Last week
1Life (L) 6.690% 6.900%
Discovery (G) 6.083% 6.183%
Clientele (G) 5.500% 5.685%
Money Market Funds
R100 000
Company This week Last week
Allan Gray 9.05% 9.06%
Coronation 8.73% 8.73%
Symmetry 8.67% 8.68%
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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SPONSORED - PAID PARTNERSHIP
People’s expenses change in retirement. Shouldn’t their income too?
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Top story read button
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TOP STORIES
Why these Veblen stocks deserve a place in my investment portfolio
Rooted in luxury and status, Veblen stocks represent brands where consumers willingly pay a premium, driving profit margins and sustained growth.
Top story read button
Increase in fund members planning to make a two-pot withdrawal
The Sanlam Benchmark Survey also shows that more respondents are turning to online sources for product information instead of using a personal adviser.
Top story read button
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FICA banner
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IN THE NEWS
Book now for Moonstone Compliance’s no-cost FICA webinar
The FIC’s ‘grace period’ for compliance has expired, so make sure your business meets all the regulatory requirements.
Itn read button
More consumers turning to rewards to manage living expenses
These programmes are having a significant influence on the way people shop, according to the 2024 Sanlam Benchmark Survey.
Top story read button
Accountable institutions urged to note heightened terror-financing risk in SA
Accountable institutions should consider the latest Terror Financing National Risk Assessment when implementing their RMCPs.
In the news 3 read button
Watch out for these tell-tale signs of a tax-filing season scam
Fraudsters are contacting taxpayers who are issued with auto-assessments and impersonating SARS.
In the news 4 read button
Costly battle: addressing absenteeism with corporate wellness programmes
Absenteeism costs South Africa R12bn to R16bn annually, with mental health-related ‘presenteeism’ adding an estimated R235bn a year.
In the news 5 read button
FSCA notices in respect of authorisation and competency/fee exemptions
Licence withdrawals and suspensions, and licence suspensions that have been lifted.
In the news 6 story read button
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F & P - Gold - 4 Export-live-chat
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MOONSTONE UPDATE 8 TO 11 JULY 2024
Clearing up the confusion about the two-pot retirement system
Watch Moonstone Update for an overview of some of the stories covered in the past week's Moonstone newsletters.


Moonstone Update 2023-12-01

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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
Commercial and Personal Lines Claims Administrator: Intellisure Insurance Brokers, Newlands,Cape Town. A highly competent full time Commercial and Personal Lines Claims Administrator is required by a well-established short term insurance brokerage to start immediately.
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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.
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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..
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CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
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