Can employers dismiss employees after retirement age? ConCourt divided
Can employers dismiss employees after retirement age? ConCourt divided

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Investment Indicators | 20 January 2025
IN THIS WEEK's ISSUE
Rates Review
Investment Rates
Money Market Funds
Top 3 Rates
Top stories
Ithala hits back: sharp criticism of Reserve Bank’s liquidation move
ConCourt divided over employers’ right to dismiss post-retirement employees
Be aware of the difficulties when dealing with tax debt in business rescue
In the news
MBSE Virtual Open Days off to a strong start
Bookings re-open for webinar on FICA compliance in the agricultural sector
Major banks to explain lending practices to parliamentary committees
How Ithala’s banking ambitions crumbled: the rise and fall of a rural icon
Financial sector shines with Top Employer recognition for 2025
Turn ‘Januworry’ into financial stability: expert advice for 2025
Moonstone Update
Regulatory Examinations
Download the latest RE Prep Guide here. Please ensure you download this version to use in your preparation, together with your study material. Please study the tasks, criteria and legislation referenced in the guide.
RE preparation videos
Schedules for 2025
WARNING: Beware of fraudulent operators pretending that they work for or with Moonstone.
Careers Platform
Advertising packages
Industry positions
Moonstone positions
ADVERTORIAL
GTC banner 2023-10-02

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.

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RATES REVIEW
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.
R1 000 000 (3% commission)
Company This week Last week
Clientele (G) 6.179% 6.288%
1Life (L) 6.120% 6.260%
Discovery (G) 6.098% 6.203%
R1 000 000 (1.5% commission)
Company This week Last week
1Life (L) 6.510% 6.650%
Clientele (G) 6.499% 6.608
Discovery (G) 6.486% 6.591%
Money Market Funds
R100 000
Company This week Last week
Allan Gray 8.32% 8.32%
Symmetry 8.14% 8.39%
Coronation 8.04% 8.07%
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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Fedgroup large banner 2024-03-21
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TOP STORIES
Ithala hits back: sharp criticism of Reserve Bank’s liquidation move
Ithala accuses the appointed repayment administrator of overstepping his authority, while the Prudential Authority moves to liquidate the entity.
Top story read button
ConCourt divided over employers’ right to dismiss post-retirement employees
Can an employer rely on section 187(2)(b) of the Labour Relations Act when dismissing an employee who has worked beyond the normal or agreed retirement age?
Top story read button
Be aware of the difficulties when dealing with tax debt in business rescue
Can a creditor lose their right to enforce post-commencement debt? A High Court case sheds light on the fine print of business rescue rules and SARS’s role in enforcing tax obligations.
Top story read button
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FICA banner
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IN THE NEWS
MBSE Virtual Open Days off to a strong start
Join MBSE’s Virtual Open Days to learn about industry-relevant qualifications, gain insights from expert co-ordinators, and discover career opportunities in financial planning, insurance, wealth management, and compliance.
Itn read button
Bookings re-open for webinar on FICA compliance in the agricultural sector
If you’re in the agricultural sector and deal in high-value goods, you may be subject to FICA. Moonstone Compliance’s free webinar will unpack what compliance entails.
Top story read button
Major banks to explain lending practices to parliamentary committees
MPs also want to meet with the FSCA to discuss banking-relating issues, including credit policies, fees, and client confidentiality.
In the news 3 read button
How Ithala’s banking ambitions crumbled: the rise and fall of a rural icon
The Prudential Authority’s push for Ithala’s provisional liquidation has brought the bank’s journey to an abrupt halt, leaving 257 000 depositors in limbo.
In the news 4 read button
Financial sector shines with Top Employer recognition for 2025
The financial sector stands out with leading companies like RMB, Sanlam, Momentum, and Santam earning Top Employer status for 2025.
In the news 5 read button
Turn ‘Januworry’ into financial stability: expert advice for 2025
Bertie Nel, Momentum’s head of Financial Planning and Advice, shares why the start of a new year is the perfect time for financial advisers to guide clients toward smarter decisions.
In the news 6 story read button
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F & P - Gold - 4 Export-live-chat
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MOONSTONE UPDATE 13 TO 16 JANUARY 2025
How investors can cope with Trump’s tariffs
Watch Moonstone Update for an overview of some of the stories covered in the past week's Moonstone newsletters.


Moonstone Update 2023-01-20

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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
Short Term Insurance Broker Administrator: Intellisure Insurance Brokers Cc, Newlands, Cape Town, WC. A bright, highly capable, organized, hardworking and adept full time Broker Support Administrator is required by a professional short term insurance brokerage based in Newlands, Cape Town.
Read more
Short-Term Insurance Claims Negotiator: Intasure (PTY) Southern Suburbs, Cape Town, WC. A well-established Insurance Brokerage in the Cape Town Southern Suburbs is looking to recruit an office based Claims Negotiator.
https://careers.moonstone.co.za/job/intasure-pty-ltd-southern-suburbs-short-term-insurance-claims-negotiator-2/
Managing Director: iMas Insurance Brokers: iMasFinance Co-Operative Limited, Centurion,GP. The successful candidate will be an innovative, dynamic and energetic self-starter with seasoned experience on executive level in the insurance brokerage business and management of Insurance product providers.
Read more
 
CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
Read more
 
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