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Investment Indicators | 19 April 2021
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IN THIS WEEK's ISSUE |
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Rates Review |
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From the Crow's Nest |
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Your Practice Made Perfect |
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Regulatory Examinations |
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Careers Platform |
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In Lighter Wyn |
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"Attitude is a little thing that makes a big difference."
- WINSTON CHURCHILL
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ADVERTORIAL
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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.
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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. |
| R1
000 000 (3% commission) |
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| Company |
This week |
Last week |
| Discovery (G) |
5.331% |
5.445% |
| ABSA (L) |
5.013% |
5.245% |
| Assupol (G) |
5.000% |
5.162% |
| R1 000 000
(1.5% commission) |
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| Company |
This week |
Last week |
| OUTvest (L) |
5.900% |
6.000% |
| Discovery (G) |
5.716% |
5.831% |
| Assupol (G) |
5.332% |
5.494% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Cadiz |
4.770% |
4.710% |
| Allan Gray |
4.200% |
4.190% |
| Coronation |
4.090% |
4.070% |
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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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ADVERTORIAL
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Service and engagement Medihelp's commitment to advisers
Assisting your clients in choosing an affordable medical aid that meets their needs, requires a solid support system.
At Medihelp we follow through on our commitment to advisers by providing you with active support and access to information, including:
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Digital brochures with click-through functionalities and product videos; |
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Electronic application forms and digital tracking of membership applications, which eliminates paperwork, saves time and keeps you and your clients in the loop with emails and SMSs; |
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The Adviser Toolbox, an online service platform where you can upload and submit documents, get the latest information and track processes; |
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The adviser app, which gives you mobile access to all your Medihelp business; and |
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Dedicated adviser consultants, an online chat functionality and the adviser call centre to assist you. |
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The results of the 2020 South African Customer Satisfaction Index (SA-csi) show that Medihelp is an industry leader across all metrics of quality service delivery,
with members rating us the best choice for fair treatment, clear communication and excellent service.
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FROM THE CROW'S NEST |
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How compounding can add value to your client |
Successful investors are those who understand that time is the critical factor when building wealth and not necessarily the amount of money at their disposal.
Darius van der Walt, actuary and member of the Investments Committee of the Actuarial Society of South Africa, unpacks the concept of compounding.
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YOUR PRACTICE MADE PERFECT |
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Longevity risk - Are we addressing this appropriately? |
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The reality is that many people are working well past the traditional retirement age and will live to celebrate their 90th birthday and beyond.
Leza Wells, Chief Product Actuary at Life insurer FMI delves more into how risk planning and retirement should be approached.
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YOUR PRACTICE MADE PERFECT |
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Why South Africans need the lifeline of income protection |
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In 2020, 59% of all COVID-19 related Sanlam income protection pay-outs were to people younger than 39 years old. This statistic underlines
the critical importance of income protection for young professionals. Sanlam’s Product Development Actuary, Karen Bongers, outlines some
key factors to consider about income protection.
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CAREERS PLATFORM |
| Featured Position |
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Compliance Manager: Long Life Insurance, Durban.
As a newly licensed Microinsurer in the funeral insurance sector, Long Life Insurance is looking for the right candidate to become Compliance Manager.
This innovative company aims to become the insurer of choice among FSPs in the funeral sector by supporting and assisting FSPs distributing its products
by improving their own businesses as well as their levels of compliance through technology and integration between insurer and FSP
software. |
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Invigilator Administrator: Pinelands, Cape Town.
Moonstone has a permanent part time position (Monday and Friday) for an Invigilator Administrator at our Examination Centre in Pinelands, Cape Town.
The main purpose of this position is to host the different types of Exams/Assessments/Workshops (paper and online format) offered by Moonstone
within a secured environment according to the Rules and Regulations as stipulated by the FSCA and CHE/QCTO/INSETA (Quality Assurance Bodies). |
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Relationship Manager: Finpas CC, Durban North.
This position requires an experienced relationship manager to provide support to a Financial Adviser and foster the client relationship.
The primary function of this position will be retention of existing customers. However, business development or organic growth will be part of the role.
A good understanding of financial planning and a sound technical knowledge of current legislative, industry and corporate standards will be required. |
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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.. |
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