|
|
 |
Moonstone Monitor |
1 April 2021
|
| IN THIS WEEK'S ISSUE |
| From the Crow's Nest |
|
|
| Your Practice Made Perfect |
|
| Technologically Speaking |
|
|
| Regulatory Examinations |
|
| Careers Platform |
|
| In Lighter Wyn |
|
|
|
|
|
|
"Life
is 10% what happens to you and 90% how you react to it."
- CHARLES R. SWINDOLL
|
ADVERTORIAL
|
 |
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.
|
| FROM THE CROW'S NEST |
|
Progress report on claims processing under Business
Interruption Insurance |
Feedback from policyholders affected by the drawn-out saga around business interruption as a result of the Covid-19 pandemic,
indicates that there is widespread confusion and dissatisfaction about how the quantum of the claims are being assessed.
There also appears to be a common thread between what is happening here and in the UK.
|
 |
|
|
|
 |
 |
|
|
|
 |
|
| YOUR PRACTICE MADE PERFECT |
|
FIC guidance on risks related to geographical areas |
|
The Financial Intelligence Centre has issued Public Compliance Communication 49 that provides guidance on certain money laundering,
terrorist financing and proliferation financing risk considerations and provides suggested resources that may be consulted.
|
|
|
|
|
|
|
|
 |
|
|
|
 |
|
| TECHNOLOGICALLY SPEAKING |
|
Five mistakes financial advisors make on social media and
ways to avoid them |
As a financial advisor, it is key that you utilise social media as a part of your overall marketing strategy.
However, success in the social media space does not happen overnight. While it’s great to increase your sales efforts,
there are a few common mistakes which can be avoided.
|
|
|
|
|
|
|
 |
|
| CAREERS PLATFORM |
| Featured Positions |
| • |
Claims Position: Cooke Fuller Group, Kloof, Kwazulu Natal.
The ideal candidate for this position should be an experienced, assertive individual with strong administration and good interpersonal skills.
Requirements include a minimum of 5 years' experience in Commercial and Personal claims;
Must be FAIS qualified in both commercial and personal lines with the necessary Regulatory Exams already completed.. |
|
 |
| • |
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. |
|
|
|
| • |
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. |
|
|
|
| • |
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. |
|
|
|
| • |
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. |
|
|
|
|
|
|
|
| IN LIGHTER WYN |
|
With a twinkle in the eye |
An Emperor asked the old Zen master, “What happens to an
enlightened man after death?”
The master replied, “I would not know.”
“But you are a Zen Master!” exclaimed the shocked Emperor.
“Not a dead one!” quipped the old man.
Two old friends met for dinner.
"How's that husband of yours? Is he still unemployed?"
"No, no, not anymore."
"Oh well some good news at least. What does he do now?"
"Now he meditates."
"Meditates! What's that?"
"I'm not sure, but it's better than sitting around doing
nothing."
|
|
|
|
