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Investment Indicators | 22 February 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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"There are many ways of going forward, but only one way of standing still."
- FRANKLIN D. ROOSEVELT
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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) |
5.040% |
4.465% |
| Clientéle Life (G) |
4.850% |
4.600% |
| Discovery (G) |
4.457% |
4.161% |
| R1 000 000 |
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| Company |
This week |
Last week |
| Clientéle Life (G) |
5.050% |
4.800% |
| ABSA (L) |
5.040% |
4.465% |
| DIscovery (G) |
4.996% |
4.698% |
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Money Market Funds |
| R100 000 |
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| Company |
This week |
Last week |
| Cadiz |
4.660% |
4.700% |
| Allan Gray |
4.250% |
4.240% |
| Prudential |
3.890% |
3.850% |
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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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#Budget2021 - All that is certain is that nothing is certain |
Finance minister, Tito Mboweni, will deliver the National Budget speech on 24 February 2021 at 2pm. With our economy in such a vulnerable position,
what will the key announcements of the 2021 Budget Speech be? Industry experts share their views.
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YOUR PRACTICE MADE PERFECT |
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#Budget2021 – Will Section12J tax incentive be extended? |
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Considering the current economic climate, with the SMME sector literally on its knees, business South Africa could do with some good news
by way of extending the Section 12J incentive. James Rothmann of Anuva Investments explores this in light of the upcoming budget speech. |
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YOUR PRACTICE MADE PERFECT |
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Working with your client to develop good savings habits |
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When setting a savings goal, Behavioural Economist Erik Vermeulen suggests keeping certain criteria in mind to help focus your efforts
and avoid getting side-tracked by impulsive spending - a good framework to work through with your client and to guide your
financial planning discussion and assessment.
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YOUR PRACTICE MADE PERFECT |
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Skills development levy - How to get some of your money back |
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Did you know? Employers who are up-to-date with their levy payments can claim a grant from the appropriate SETA if they submit a report
each year on the implementation of their workplace skills plan before the date stipulated by the SETA, in most cases 30 April.
Moonstone can assist with the rather tedious process.
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CAREERS PLATFORM |
| Featured Position |
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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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Office Assistant: Moonstone Information Refinery, Stellenbosch.
Moonstone requires an Office Assistant. The successful incumbent will be responsible to maintain an effective and accurate administration and support function
in relation to all logistical functions within the Regulatory Examination Body
and Moonstone Group in order to minimise delays and increase client satisfaction. Minimum requirements
include at least 2 years administration and customer service experience. |
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Senior Investment Analyst/Senior Para Planner: Global & Local Investment Advisors, Emmarentia, Johannesburg.
We are looking for a highly capable person who can grow with the company in the role of a Senior Investment Analyst/Senior Para Planner,
which is centred around client servicing and not sales. Minimum 5 years industry experience is required.
The successful candidate will have a strong knowledge of investment solutions both locally and globally. |
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Financial Planners - Investments & Long-term Risk Benefits: Wealth Preservation Strategies.
We are an established Cape Town-based practice which has served clients in SA and abroad for more than 20 years.
We have opportunities which are open to all SA citizens. Work from our office or remotely. Minimum requirements include
a relevant bachelor's degree; at least 3 years' experience in financial planning and a proven track record of
prospecting, new client acquisition and relationship building. |
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Loan Officer/ Loan Specialist: MAP Cash Loans, Johannesburg.
We are looking for an experienced Loan Officer to act as liaison between customers and our financial
institution and to assist qualified applicants in acquiring short term loans in a timely manner. |
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IN LIGHTER WYN |
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Laughs for today |
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MY MIND IS LIKE MY INTERNET BROWSER
19 tabs open, 3 of them are frozen
and I have no idea where the music is coming from.
(Thanks for sharing, Roche Cowley)
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