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Investment Indicators | 23 March 2021
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IN THIS WEEK's ISSUE |
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Rates Review |
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From the Crow's Nest |
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Your Practice Made Perfect |
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Regulatory Examinations |
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Careers Platform |
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In Lighter Wyn |
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"Success is the sum of small efforts - repeated day in and day out."
- ROBERT COLLIER
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ADVERTORIAL
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How a fund member retires has changed forever...
Legislated in-fund preservation, default annuities and portfolios has broken the compulsion for a fund member to ever leave their fund.
Talking to these members, whilst giving sensible counselling - and then professional advice at competitive pricing -
requires a financial technology platform of substance.
Benefit consultants, administrators and financial advisors associated with retirement funds will benefit from Altertude,
GTC's integrated end-to-end programme providing retirement fund members with all interventions needed in a holistic financial plan.
Contact our CEO Gary Mockler, gmockler@gtc.co.za
as to how GTC can assist in growing your business.
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. |
| R100 000 |
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| Company |
This week |
Last week |
| ABSA (L) |
5.372% |
5.381% |
| Clientéle Life (G) |
5.150% |
5.120% |
| Assupol (G) |
4.882% |
4.851% |
| R1 000 000 |
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| Company |
This week |
Last week |
| ABSA (L) |
5.372% |
5.381% |
| Clientéle Life (G) |
5.350% |
5.320% |
| Assupol (G) |
5.308% |
5.278% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Cadiz |
4.450% |
4.700% |
| Allan Gray |
4.200% |
4.200% |
| Prudential |
3.870% |
3.880% |
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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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Service and engagement Medihelp's commitment to advisers
Assisting your clients in choosing an affordable medical aid that meets their needs, requires a solid support system.
At Medihelp we follow through on our commitment to advisers by providing you with active support and access to information, including:
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Digital brochures with click-through functionalities and product videos; |
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Electronic application forms and digital tracking of membership applications, which eliminates paperwork, saves time and keeps you and your clients in the loop with emails and SMSs; |
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The Adviser Toolbox, an online service platform where you can upload and submit documents, get the latest information and track processes; |
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The adviser app, which gives you mobile access to all your Medihelp business; and |
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Dedicated adviser consultants, an online chat functionality and the adviser call centre to assist you. |
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The results of the 2020 South African Customer Satisfaction Index (SA-csi) show that Medihelp is an industry leader across all metrics of quality service delivery,
with members rating us the best choice for fair treatment, clear communication and excellent service.
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YOUR PRACTICE MADE PERFECT |
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FSCA issues second crypto health warning |
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The FSCA is concerned with the increasing volume of crypto assets related losses suffered by financial consumers in the past months and urges the public
to be extremely cautious and vigilant when dealing with cryptos for any financial services business.
The FSCA also discourages such investments by retirement funds until regulation has been finalised to safeguard investors.
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YOUR PRACTICE MADE PERFECT |
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Parental obligations towards children's rights |
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The rights of young humans in terms of the obligations on their parents and guardians to ensure that their little ones are protected long after the parents are gone
are very important. Moremadi Mabule, Head of Wills at Sanlam highlights 5 things parents need to know when choosing a guardian for their children.
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YOUR PRACTICE MADE PERFECT |
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Investing for education amidst the uncertainty of a pandemic |
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The Coronavirus pandemic has added another layer of complexity when it comes to investing for education, with many parents
focusing on the short term, rather than on the long term. In view of the stark reality of the rising costs of education, how can parents
prepare today to afford their children’s future primary, secondary and tertiary education fees?
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YOUR PRACTICE MADE PERFECT |
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Money Smart Week 2021 - Help educate your client |
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Money Smart Week South Africa runs from 22 and 28 March 2021 and aims to motivate and empower South Africans to become better educated
about their finances. Some of the topics to be unpacked throughout the week includes building resilient businesses, being aware of scams and fraud,
unclaimed pension funds, responsible use of credit, the importance of retirement and funeral planning, how to budget and why they need to draft a will.
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CAREERS PLATFORM |
| Featured Position |
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FAIS Compliance Officer: Moonstone Compliance.
Moonstone Compliance is looking for an approved Compliance Officer. Duties will include risk identification and management, strategic
and operational commentary, monitoring and administrative support functions to mitigate the risk of non-compliance with legislation and
regulations. A non-negotiable requirement for this position is being an approved Category I Compliance Officer with the Financial Sector
Conduct Authority with no supervision requirements. |
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Wealth Managers: GTC national offices.
GTC, one of South Africa’s leading advisory practices (formerly Grant Thornton Capital), has several vacancies for wealth managers.
As a consequence of the counselling requirements of Section 36 of the Pension Funds Act, GTC is required to provide financial advice
to numerous members on an ongoing basis. GTC seeks wealth managers to fulfil this advisory role.
These positions are in each of the GTC offices around the country and accommodate financial planners with varying degrees of experience and expertise. |
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Commercial Accounts Executive:
Constellation Financial Services, Johannesburg.
We are a young, dynamic, independent short-term insurance brokerage based in Johannesburg looking for experienced
commercial sales professionals. If you are passionate, hardworking, and driven to succeed, you’re just what we are looking for.
We require a minimum of 5 years short-term commercial insurance experience with 2 years commercial insurance sales and marketing experience. |
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POPIA Specialist: Moonstone Compliance, Stellenbosch.
We have a position for a POPIA Specialist. The successful candidate will be appointed as a specialist regarding
regulatory compliance and risk management as it pertains to the POPI Act. They will be responsible for the development of
a POPIA regulatory compliance service offering, and the building and maintenance of our POPIA client base. |
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Student Acquisitions Administrator:Moonstone Business School of Excellence (MBSE), Stellenbosch.
We are looking for a candidate who will be responsible for implementing the MBSE Sales Strategy for inbound sales activities,
establish contact, develop, and maintain relationships. To qualify for this position you will need a Grade 12 certificate,
Call Centre or tele service experience and must have the ability to interact with clients and communicate effectively. |
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