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Investment Indicators | 16 September 2024
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IN THIS WEEK's ISSUE |
Rates Review |
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Top stories |
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In the news |
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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 |
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 life (G) |
5.904% |
5.886% |
1Life (L) |
5.620% |
5.830% |
Discovery (G) |
5.400% |
5.497% |
R1 000 000 (1.5% commission) |
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Company |
This week |
Last week |
Clientele life (G) |
6.224% |
6.206% |
1Life (L) |
6.000% |
6.190% |
Discovery (G) |
5.785% |
5.883% |
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Money Market Funds |
R100 000 |
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Company |
This week |
Last week |
Allan Gray |
8.97% |
9.01% |
Symmetry |
8.73% |
8.53% |
Coronation |
8.63% |
8.65% |
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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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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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Short-Term Insurance Commercial Lines Underwriter: Intasure (PTY) Ltd, Southern Suburbs,Cape Town,WC.
A well-established Insurance Brokerage in Cape Town, Southern Suburbs requires the services of an office based Commercial Lines Underwriter. |
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Short-Term Insurance Personal Lines Underwriter: Intasure (PTY) Ltd, Southern Suburbs,Cape Town,WC.
A well-established Insurance Brokerage in Cape Town, Southern Suburbs requires the services of an office based Personal Lines Underwriter. |
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Short-Term Insurance Claims Negotiator: Intasure (PTY) Ltd,Southern Suburbs,Cape Town,WC. A well-established Insurance Brokerage in Cape Town, Southern Suburbs is looking to recruit a Claims Negotiator. |
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Commercial Underwriter (JG 8): Santam,Bellville.
Work in this job family stream is concerned with managing commercial risk by providing specialist technical underwriting advice. COE is a highly technical role with strong client focus. The key focus is on underwriting new and existing business to maintain profitability while also creating a platform to aid the growth process. |
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