Hot topics at Chartered

//Hot topics at Chartered

Hot topics at Chartered

The past six months have certainly been the most volatile that our economy – and the global economy – has 61f7c540-be16-44f8-801b-e9351d31266cexperienced in a long time.

Against this backdrop, I thoroughly enjoyed Jeremy Gardiner’s presentation at Chartered last week. He dissected all the uncertainty and divided it into bite-sized chunks. As South Africans, we can tend to be inwardly focused and are often quick to criticise and complain. Jeremy explained that 70% of the current issues facing us are not isolated to South Africa: they are true of all emerging markets. Jeremy mentioned that emerging markets, if not at the bottom of a four-year downward cycle, must be very close.

The other 30% of the problem is very much our own, and is to be (and can be) avoided … and it’s this that makes South Africans so angry!  Let’s hope that through the next election more accountable leaders come to the surface.

Jeremy’s article based on his presentation is available on our website, if you wish to read it:  click here.

Back home
At Chartered’s offices, it’s business as usual.  There will be an administration change in August this year, and this is unlikely to have any impact on our clients’ experience of our service. Currently, all our Acsis clients’ investments are administered through an Old Mutual platform called OMIA.

With the emergence of Old Mutual Wealth over the past five years, Old Mutual has taken a decision to migrate its various investment administration platforms onto one platform. This shift results in greater cost efficiencies for Old Mutual and a small saving in administration fees for our clients.

I will be sending further communications with regard to this migration, but most important is to reassure our clients that this change is all to the good and there is no need for concern.

A new note 
About five years ago Chartered Risk Solutions was launched.  This business was specifically created to plan for clients in the wealth-accumulation phase of their lives – the client base largely comprised our clients’ children. The initial thinking was that this business would focus on life and disability insurance, and from this aim the word ‘risk’ emerged as part of the name. However, after five years, it has become clear that the business does holistic financial planning, and this incorporates all aspects, including investment and life planning.

As a result, this business is now called Chartered Financial Planning, as a more accurate indication of the spectrum of expertise and services available. Visit the refreshed Chartered Financial Planning website by clicking here.

Warm regards
John Campbell

By |2017-07-11T12:21:06+00:00May 12, 2016|Reporting from the Helm|0 Comments

About the Author:

John is currently Chief Executive Officer at Chartered Wealth Solutions, where his main responsibilities are overseeing the day-to-day running of the business, financial planning and strategy implementation.

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