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Investment Indicators | 10 June 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) |
7.020% |
7.110% |
| Discovery (G) |
6.902% |
6.896% |
| Nedgroup Life (L) |
5.780% |
5.970% |
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R1 000 000 (1.5% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
7.380% |
7.470% |
| Discovery (G) |
7.293% |
7.287% |
| Clientele (G) |
5.941% |
6.148% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Allan Gray |
9.09% |
9.11% |
| Coronation |
8.83% |
8.81% |
| Nedbank |
8.67% |
8.72% |
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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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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. |
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Senior Claims Position: Cooke Fuller Insurance Brokers (Pty) Ltd, Kloof, KZN.
The ideal candidate should be an experienced, assertive individual with strong administration abilities and good interpersonal skills.
We require at least 10 years’ experience in Commercial and Personal claims as well as a FAIS qualification in both lines.
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Experienced Financial Advisor – Wealth Management: Morebo Wealth (Pty) Ltd, Braamfontein.
Becoming a Wealth Planner at Morebo will give you the opportunity to partner with your clients through their life journey,
uncovering their financial objectives, and creating plans to fulfil them.
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