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Investment Indicators | 30 September 2024
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IN THIS WEEK's ISSUE |
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Rates Review |
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Top stories |
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In the news |
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Perspective |
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Moonstone Update |
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Regulatory Examinations |
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Careers Platform |
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ADVERTORIAL
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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 |
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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. |
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R1 000 000 (3% commission) |
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| Company |
This week |
Last week |
| Clientele (G) |
5.802% |
5.757% |
| 1Life (L) |
5.800% |
5.810% |
| Discovery (G) |
5.298% |
5.288% |
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R1 000 000 (1.5% commission) |
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| Company |
This week |
Last week |
| 1Life (L) |
6.180% |
6.331% |
| Clientele Life (L) |
6.122% |
6.077% |
| Discovery (G) |
5.683% |
5.673% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Allan Gray |
8.990% |
8.97% |
| Coronation |
8.600% |
8.63% |
| Nedbank |
8.560% |
8.73% |
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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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CAREERS PLATFORM - INDUSTRY POSITIONS |
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Commercial Insurance Sales Executive: Commrisk Insurance Brokers, George,WC.
The CISE’s primary focus is on identifying potential clients, presenting them with suitable product proposals and confirming policy sales. They must build relationships with clients to ensure retention of business and facilitate new business. |
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Short-term Insurance Underwriter: Short-term Insurance Underwriter, George,WC.
The underwriter is responsible for short-term insurance policy administration (renewals, endorsements and new business) providing excellent service and solutions to account executives, brokers and clients. |
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Commercial Insurance Sales Executive: Commrisk Insurance Brokers, Western Cape.
The successful candidate will be responsible for identifying potential clients, presenting them with suitable product proposals and confirming policy sales. |
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Claims Negotiator: CIA Building Insurance Specialists , Bedfordview,GP.
CIA Building Insurance part of the worldwide Hannover Re Group and one of the largest Underwriting Managers in South Africa, is currently looking for an experienced claims negotiator to join our claims team in Bedfordview. |
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Retentions Consultant: King Price Insurance,Pretoria, Gauteng.
The purpose of this position is to communicate with clients and managing relationships in order to increase loyalty and retain their business. |
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Manager: Fund Administration: GIB Financial Services (Pty) Ltd, Sandton.
This position requires an energetic person who is able to work well under pressure and supervise a dynamic team. |
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Short-Term Insurance Commercial & Personal Lines Position: Elna Rudman Brokers,Pretoria,Gauteng.
A well-established Insurance Brokerage in Pretoria East requires the services of an office based Personal Lines Underwriter. |
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Compliance Manager: King Price Insurance,Pretoria, Gauteng.
Minimum 3-5 years’ experience in a compliance management position with in-depth knowledge of the non-life insurance industry and applicable legislation (Insurance Act, Short-term Insurance Act, FAIS Act, POPIA). |
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Senior Commercial Underwriter & Senior Personal Underwriter for short-term insurance: Prive Financial Services Pty Ltd, Highlands North (JHB).
Must be able to provide exceptional customer service and a high level of customer centricity, retention and loyalty by handling all admin functions on a existing clients and new business. |
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