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Investment Indicators | 6 May 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) |
7.130% |
7.310% |
| Discovery (G) |
7.045% |
7.045% |
| Nedgroup (L) |
6.000% |
6.090% |
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R1 000 000 (1.5% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
7.490% |
7.670% |
| Discovery (G) |
7.436% |
7.436% |
| Clientele Life (G) |
5.976% |
6.093% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Allan Gray |
9.12% |
9.12% |
| Coronation |
8.76% |
8.68% |
| Symmetry |
8.75% |
8.74% |
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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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Experienced Short Term Commercial Underwriter: Garden Route Insurance Brokers, Knysna, Western Cape.
We’re actively seeking motivated and results-driven individuals to join our team as a Broker/Underwriter.
If you have a passion for sales and thrive in a fast-paced environment, we want you on our team! |
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Broker/Representative: GBW Financial Planners, Cape Town.
‘Broker – to be tied or not to be tied’? That is the question.
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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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