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Investment Indicators | 6 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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"Your present circumstances don't determine where you can go; they merely
determine where you start."
- NIDO QUBEIN
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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 |
| ABSA (L) |
5.444% |
5.393% |
| Clientéle Life (G) |
5.400% |
5.450% |
| Assupol (G) |
5.381% |
5.341% |
| R1 000 000
(1.5% commission) |
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| Company |
This week |
Last week |
| OUTvest (L) |
6.200% |
6.200% |
| Momentum (L) |
5.780% |
5.760% |
| Clientéle Life (G) |
5.720% |
5.770% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Cadiz |
4.520% |
4.470% |
| Allan Gray |
4.170% |
4.150% |
| Coronation |
4.020% |
3.990% |
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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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YOUR PRACTICE MADE PERFECT |
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Medical Schemes - Broker fees increased |
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The Council for Medical Schemes announced the approval of an increase in the maximum amount payable to brokers in terms of Section 65
of the Medical Schemes Act (131 of 1998) with effect of 1 January 2021.
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CAREERS PLATFORM |
| Featured Position |
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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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FAIS Compliance Officer: Moonstone Compliance.
Moonstone Compliance is looking for an approved Compliance Officer. Duties will include risk identification and management, strategic
and operational commentary, monitoring and administrative support functions to mitigate the risk of non-compliance with legislation and
regulations. A non-negotiable requirement for this position is being an approved Category I Compliance Officer with the Financial Sector
Conduct Authority with no supervision requirements. |
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Wealth Managers: GTC national offices.
GTC, one of South Africa’s leading advisory practices (formerly Grant Thornton Capital), has several vacancies for wealth managers.
As a consequence of the counselling requirements of Section 36 of the Pension Funds Act, GTC is required to provide financial advice
to numerous members on an ongoing basis. GTC seeks wealth managers to fulfil this advisory role.
These positions are in each of the GTC offices around the country and accommodate financial planners with varying degrees of experience and expertise. |
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Commercial Accounts Executive:
Constellation Financial Services, Johannesburg.
We are a young, dynamic, independent short-term insurance brokerage based in Johannesburg looking for experienced
commercial sales professionals. If you are passionate, hardworking, and driven to succeed, you’re just what we are looking for.
We require a minimum of 5 years short-term commercial insurance experience with 2 years commercial insurance sales and marketing experience. |
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