What expats should know about proposed UK tax reform
What expats should know about proposed UK tax reform

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Investment Indicators | 20 May 2024
IN THIS WEEK's ISSUE
Rates Review
Investment Rates
Money Market Funds
Top 3 Rates
Top stories
Cybersecurity Joint Standard: Authorities announce likely commencement date
Proposed UK tax reform set to shake up expats’ financial plans
Fund rapped for not giving a member a hearing before deciding to withhold his withdrawal benefit
In the news
Bookings are open for Moonstone’s webinar on restraint of trade agreements
High Court dismisses director’s bid against subpoena in religious freedom dispute
Living Hands judgment clarifies important principles for financial institutions
Structurally higher inflation is posing an increasing threat to investors, says OMIG
Healthcare affordability emerges as top concern for businesses in 2024
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 2024
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
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
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
1Life (L) 7.060% 7.070%
Discovery (G) 6.904% 7.037%
Nedgroup Life (L) 5.940% 5.949%
R1 000 000 (1.5% commission)
Company This week Last week
1Life (L) 7.430% 7.430%
Discovery (G) 7.295% 7.728%
Clientele Life (G) 5.892% 5.948%
Money Market Funds
R100 000
Company This week Last week
Allan Gray 9.10% 9.09%
Coronation 8.75% 8.74%
Symmetry 8.69% 8.68%
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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TOP STORIES
Cybersecurity Joint Standard: Authorities announce likely commencement date
The FSCA and PA urge financial institutions to prepare for the standard’s implementation despite the provision for a transitional period.
Top story read button
Proposed UK tax reform set to shake up expats’ financial plans
The Conservative government’s plan to eliminate the non-domicile tax regime could mean higher taxes for expats on foreign income from April 2025.
Top story read button
Fund rapped for not giving a member a hearing before deciding to withhold his withdrawal benefit
The member, along with two others, was criminally charged because of allegedly fraudulent conduct that cost the employer R4 million.
Top story read button
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FICA banner
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IN THE NEWS
Bookings are open for Moonstone’s webinar on restraint of trade agreements
How to use restraint of trade and confidentiality agreements to protect your business’s competitive advantage.
Itn read button
High Court dismisses director’s bid against subpoena in religious freedom dispute
Efforts by a director of two religious organisations to evade testimony before a commissioner probing the SNS Ponzi scheme hit a roadblock in the High Court.
Top story read button
Living Hands judgment clarifies important principles for financial institutions
Old Mutual Unit Trust Managers did not owe a direct statutory duty to the trust and its beneficiaries but to the trust’s administrator.
In the news 3 read button
Structurally higher inflation is posing an increasing threat to investors, says OMIG
The latest Long-term Perspectives publication highlights why it is necessary to invest in assets that can deliver inflation-beating returns over the long run.
In the news 5 read button
Healthcare affordability emerges as top concern for businesses in 2024
Aon’s Global Medical Trend Rates Report highlights the pressing challenge of healthcare affordability for businesses amid a decade-high global medical trend rate.
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 MAY 2024
Old Mutual off the hook for R1.7bn Living Hands claim
Watch Moonstone Update for an overview of some of the stories covered in the past week's Moonstone newsletters.


Moonstone Update 2024-05-17

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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
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.
Read more
Head of Commercial: MUA Insurance Acceptances (Pty) Ltd, Johannesburg. Are you ready to lead and innovate in the dynamic world of non-life insurance? MUA Insurance Acceptances is seeking a driven and strategic Head of Commercial to spearhead sales growth, product development, and operational excellence.
Read more
Outbound Sales Rep Call Centre – Discovery Group Consultancy | U Covered: U-Covered Insurance Solutions, Auckland Park, Johannesburg. This position requires at least 2 year sales experience, as well as a RE5 qualification as per the FAIS Act. COB and CPD certificates will be beneficial.
Read more
Experienced Short Term Commercial Underwriter: Garden Route Insurance Brokers, Knysna, Western Cape. We’re actively seeking motivated and results-driven individuals to join our team as a Broker/Underwriter. If you have a passion for sales and thrive in a fast-paced environment, we want you on our team!
Read more
Broker/Representative: GBW Financial Planners, Cape Town.
‘Broker – to be tied or not to be tied’? That is the question. .
Read more
CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
Read more
 
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