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Moonstone Monitor | 4 March 2021
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IN THIS WEEK'S ISSUE |
From the Crow's Nest |
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Your Practice Made Perfect |
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Technologically Speaking |
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Regulatory Examinations |
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Careers Platform |
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In Lighter Wyn |
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"When
one paints an ideal, one does not need to limit one's imagination."
- ELLEN KEY
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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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FROM THE CROW'S NEST |
Family planning - Gap cover helps beyond birth and every
step of the way |
Gap cover provides additional protection for medical expense
shortfalls that are not covered by medical aid. Tony
Singleton of Turnberry Risk Management Solutions explains
the importance of Gap cover, especially for parents-to-be,
as this should be a time of joy and not of increased
stresses as a result of the extra burden of medical
shortfalls.
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YOUR PRACTICE MADE PERFECT |
Debarments – Don't put your head in the sand |
In a recent Tribunal
case, the FSP adhered to all processes and avenues
at its disposal to inform a debarred person of its
decision. The representative, using the same email
address which was used by the FSP, approached the
Tribunal to have the decision reviewed on the
grounds that he was never informed. |
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YOUR PRACTICE MADE PERFECT |
FSCA – Various Exemption Extensions |
On 26 February 2021,
the Financial Sector Conduct Authority (FSCA)
released various FSCA FAIS Notices that deals with
exemption extensions. |
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YOUR PRACTICE MADE PERFECT |
POPIA - Information Officer plays important role |
A good starting point
in any POPIA compliance journey is the appointment
of an Information Officer for your organisation. But
what is the role and obligations of an Information
Officer? |
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CAREERS PLATFORM |
Featured Positions |
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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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Administrative Assistant / Relationship Manager: Galileo Capital
(Pty) Ltd, Johannesburg. Galileo Capital is looking for a self-managed, self-motivated, and coachable young individual to join as a personal assistant/relationship manager.
The role incumbent will work in a team and assist the financial planner and para planner with all administrative tasks in respect of managing client relationships
and be responsible for all service requirements from clients. |
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IN LIGHTER WYN |
The curious case of Ronald Opus |
The case was originally told by Don Harper Mills, then
president of the American Academy of Forensic Sciences, in a
speech at a banquet in 1987. After it began to circulate on
the internet as a factual story and attained the status of
urban legend, Mills stated that he made it up as an
illustrative anecdote "to show how different legal
consequences can follow each twist in a homicide inquiry".
It is not clear when the date changed, but here is the
story.
On March 23, 1994, the medical examiner viewed the body of
Ronald Opus and concluded that he died from a shotgun wound
to the head.
Mr. Opus had jumped from the top of a 10-story building
intending to commit suicide. He left a note to that effect
indicating his despondency.
As he fell past the ninth floor, a shotgun blast passed
through a window, killing him instantly.
Neither the shooter nor the decedent was aware that a safety
net had been installed just below the eighth floor level to
protect some building workers. As a result, Ronald Opus
would not have been able to complete his suicide the way he
had planned.
“Ordinarily,” Dr Mills continued, “a person who sets out to
commit suicide and ultimately succeeds even though the
mechanism might not be what he intended” is still defined as
committing suicide.
That Mr. Opus was shot on the way to what he believed was
certain death nine stories below at street level, even
though he probably would not have been successful because of
the safety net, caused the medical examiner to feel that he
had a homicide on his hands.
The room on the ninth floor from where the shotgun blast
came was occupied by an elderly man and his wife. They were
arguing vigorously, and he was threatening her with a
shotgun. The man was so upset that when he pulled the
trigger, he completely missed his wife, and the pellets went
through the window striking Mr. Opus.
When one intends to kill Subject A but kills Subject B in
the attempt, one is guilty of the murder of Subject B.
When confronted with the murder charge, the old man and his
wife were both adamant. They both said they thought the
shotgun was unloaded. The old man said it was his
long-standing habit to threaten his wife with the unloaded
shotgun. He had no intention of murdering her. Therefore,
the killing of Mr. Opus appeared to be an accident; that is,
the gun had been accidentally loaded.
The continuing investigation turned up a witness who saw the
old couple’s son loading the shotgun about six weeks prior
to the fatal accident. It transpired that the old lady had
cut off her son’s financial support, and the son, knowing
the propensity of his father to use the shotgun
threateningly, loaded the gun with the expectation that his
father would shoot his mother.
The case hence became one of murder on the part of the son
for the death of Ronald Opus
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Now comes the exquisite twist.
Further investigation revealed that the son was in fact
Ronald Opus. He had become increasingly despondent over the
failure of his attempt to engineer his mother’s murder. This
led him to jump off the ten-story building on March 23rd,
only to be killed by the shotgun blast passing through the
ninth story window.
The son had actually murdered himself, so the medical
examiner closed the case as a suicide...
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