email : Webview : Financial planners weigh in on Budget delay

Click here to view this message in a browser.

Moonstone Monitor | 20 February 2025

IN THIS WEEK'S ISSUE

Top stories

•	Rand wobbles, markets react – but Budget delay isn’t a crisis (yet)
•	Will a 2% VAT hike fix the Budget – or break consumers?
•	Tax adjustments, debt concerns, and relief measures: a look at the Budget that wasn’t
•	Health Minister signals opposition to low-cost benefit options for medical schemes

In the news

•	PA report contradicts Ithala and KZN Treasury’s solvency claims
•	BHF slams CMS report on LCBOs as flawed and politically motivated
•	Expired driving permit was not material to the loss, non-life ombud rules
•	Minister proposes interim framework for collective healthcare tariff-setting
•	The dark side of digital romance: how ‘pig butchering’ scams are targeting daters
•	Old Mutual chief executive to take early retirement
•	Warning of impersonation scam involving Nampak

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

•	Budget crunch

Distributed to
42 127
subscribers

ADVERTORIAL

Have your fund members been advised on Two-pots options?

Are your members using Two-pot responsibly? A GTC perspective on the matter.

Are your members knowledgeable about the impact of their Two-pot decision?

Are you on top of your clients’ claims and payouts. What members are saying about

GTC’s Two-pot engagement process.

Have you used Two-pot to improve your relationship with your retirement fund clients?

Contact CEO, Gary Mockler at gmockler@gtc.co.za.

Financial planners weigh in on the fallout and why investors should stay calm.

Will a 2% VAT hike fix the Budget – or break consumers?

The VAT hike could add R58bn to government revenue, but with coalition partners clashing over its impact on ordinary South Africans, the debate over how to fund critical services without deepening the cost-of-living crisis is far from settled.

Tax adjustments, debt concerns, and relief measures: a look at the Budget that wasn’t

A postponed Budget Speech means uncertainty for taxpayers, but the VAT hike and personal income tax adjustments offer insight into the government’s fiscal strategy.

Health Minister signals opposition to low-cost benefit options for medical schemes

In its long-awaited report, the Council for Medical Schemes says its preferred recommendation is not to introduce LCBOs.

Top of Page

IN THE NEWS

PA report contradicts Ithala and KZN Treasury’s solvency claims

A PA-commissioned solvency report questions Ithala’s financial health, raising concerns about its equity, loan book, and potential shortfall in repaying depositors.

BHF slams CMS report on LCBOs as flawed and politically motivated

The Board of Healthcare Funders questions the timing and content of the CMS’s report, claiming it ignores stakeholder input and political motivations behind opposing low-cost benefit options.

Expired driving permit was not material to the loss, non-life ombud rules

The insurer argued the hijacked vehicle should not have been on the road because the driver’s PrDP had expired.

Minister proposes interim framework for collective healthcare tariff-setting

The Board of Health Funders has ‘serious reservations’ about giving the Department of Health the power to manage the block exemption negotiation process.

The dark side of digital romance: how ‘pig butchering’ scams are targeting daters

From fake love to stolen funds, romance scams powered by AI and cryptocurrency are on the rise – find out how to protect yourself from this growing threat.

Old Mutual chief executive to take early retirement

Following 32 years with Old Mutual and nearly five as CEO, Iain Williamson is stepping down in August.

Warning of impersonation scam involving Nampak

The FSCA also advises the public to be cautious of World Option Crypto and JoziEx.

Top of Page

CAREERS PLATFORM - INDUSTRY POSITIONS

•	Financial Advisor: Coastal Equities t/a Rise Up Capital, Durban,KZN. We are looking for a Financial Advisor. At Rise Up Capital, we are more than just an investment firm, we are your trusted partner in navigating the financial landscape.

•	Short-Term Telesales Broker: Wilson Insurance Consulting, Sea Point, Cape Town. We are seeking an experienced short-term telesales broker who can work independently without supervision.

•	Commercial Insurance Sales Rep: Minu Management Services,Gauteng. A Financial Services Provider specializing in Commercial Asset Financing, Heavy Commercial Vehicle Insurance (HCV) or Fleet insurance, Goods In Transit insurance (GIT) , Engineering insurance, and General Commercial insurance.

CAREERS PLATFORM - MOONSTONE POSITIONS

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

Top of Page

IN LIGHTER WYN

Budget crunch

Budget_2

Top of Page

Contact

Manage your preferences | Opt out using TrueRemove®
Got this as a forward? Sign up to receive our future emails.
View this email online.

This email was sent to
Continue receiving our emails, add us to your address book.