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Investment Indicators | 15 March 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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"At times I think and at times I am."
- PAUL VALERY
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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. |
| R100 000 |
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| Company |
This week |
Last week |
| ABSA (L) |
5.381% |
5.456% |
| Clientéle Life (G) |
5.120% |
5.200% |
| Assupol (G) |
4.851% |
4.998% |
| R1 000 000 |
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| Company |
This week |
Last week |
| ABSA (L) |
5.381% |
5.456% |
| Discovery (G) |
5.340% |
5.299% |
| Clientéle Life (G) |
5.320% |
5.400% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Cadiz |
4.700% |
4.720% |
| Allan Gray |
4.200% |
4.230% |
| Glacier |
3.940% |
3.880% |
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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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Was this advice given, taking due care and diligence? You be the judge |
Justice delayed is justice denied. A recent determination, which resulted in the matter being referred to the Tribunal, underlines the validity of this old saying,
and lends new credence to the requirement that we should give advice with due care and diligence.
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YOUR PRACTICE MADE PERFECT |
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CIS industry somewhat surprisingly attract record breaking net inflows in 2020 |
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The local CIS industry attracted net annual inflows of R213bn in 2020, the highest ever in its 55-year history. As a result, Assets Under Management increased to R2.73 trillion.
The local CIS industry almost tripled its Assets Under Management since December 2010, when assets were less than R1 trillion.
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YOUR PRACTICE MADE PERFECT |
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Where are we now, one year since the start of Covid-19? |
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It’s been a year since the Covid-19 sell-off, and what a year it has been. PSG Wealth CIO Adriaan Pask reflects on this and takes a look at where markets are now,
a year later, and what the outlook for investors is.
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CAREERS PLATFORM |
| Featured Position |
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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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POPIA Specialist: Moonstone Compliance, Stellenbosch.
We have a position for a POPIA Specialist. The successful candidate will be appointed as a specialist regarding
regulatory compliance and risk management as it pertains to the POPI Act. They will be responsible for the development of
a POPIA regulatory compliance service offering, and the building and maintenance of our POPIA client base. |
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Student Acquisitions Administrator:Moonstone Business School of Excellence (MBSE), Stellenbosch.
We are looking for a candidate who will be responsible for implementing the MBSE Sales Strategy for inbound sales activities,
establish contact, develop, and maintain relationships. To qualify for this position you will need a Grade 12 certificate,
Call Centre or tele service experience and must have the ability to interact with clients and communicate effectively. |
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Administrative Assistant / Relationship Manager: Galileo Capital (Pty) Ltd, Johannesburg.
Galileo Capital is looking for a self-managed, self-motivated, and coachable young individual to join as a personal assistant/relationship manager.
The role incumbent will work in a team and assist the financial planner and para planner with all administrative tasks in respect of managing client relationships
and be responsible for all service requirements from clients. |
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