Blue Chip Issue 81

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INVESTMENT of tax wrappers, financial advisors can help clients structure their personal investment portfolios for optimal tax efficiency and craft them to suit their unique circumstances and goals. Advisors look to investment platforms to ensure that investment services and administration requirements are handled timeously. What are Category III Administrative Financial Service Providers? Category III Administrative Financial Services Providers are investment platforms that are governed by the Financial Advisory and Intermediary Services Act. They are generally still referred to as LISPs, or linked investment service providers. An investment platform is like a supermarket from which you can access various types of investment components like local or foreign currency unit trusts, shares and model portfolios. These investment components can be accessed through various types of product wrappers, such as endowments, retirement annuities and living annuities. The product dictates the legislative rules of the investment, such as how investment returns in the product are taxed, the restrictions on withdrawals and if contributions are tax deductible. These vary for each product wrapper. To summarise, the investment component would determine the return on the investment, and the product wrapper would govern other aspects of it like how this return is taxed and how much of it can be accessed when. So, in general, an investment is a combination of investment components within a product, enabled by an overarching advice process. Given that there are so many options available to clients, the value that a financial advisor can add is tremendous. Each client’s needs and circumstances are unique, and so their financial plan should be too. Investment platforms provide a universe of products and investment components together with certain investment capabilities to advisors for them to best meet the needs of their clients. What, in your opinion, do advisors want from investment platforms? Advisors look to investment platforms to ensure that investment services and administration requirements are handled timeously. More importantly, they look to platforms to maintain their regulatory obligations within reasonable costs, especially in an environment of increasing costs. Our role is to continually invest and optimise our platform through technology innovation to ensure that advisors can increasingly remove the burden of administration from their daily operations. Advisors also look to platforms to provide a comprehensive suite of capabilities together with their required range of investment components to customise solutions for their clients’ specific investment needs. What makes a successful platform? A successful platform is one that can efficiently meet the needs of advisors and their clients, offering a stellar and seamless experience. It does so by providing a combination of a comprehensive suite of investment components and capabilities that are enabled by cuttingedge and reliable technology together with personalised service to enhance the advice and investment process, execute transactions efficiently and ensure the best interests of the client and the advisor. To summarise, there are five ingredients to a successful platform: • One: to offer a world-class service experience that meets the requirements and fulfils the desires of advisors and clients, within the ever-changing world we are living in. • Two: superior technology. In a digital world, the security and safety of the system and protection of information are some of the non-negotiables. • Three: simple business processes that can easily be adopted, as well as digitally enabled processes. • Four: demonstrable innovation and thought leadership in our product offering. One such example is the use of behavioural analytics to provide insights to advisors in different market conditions. • Five: it should have the ability to bring the investments ecosystem into a one-stop-shop – some call this a supermarket for investments. We feel it is more about making sure you do the things to best partner with advisors and then do it exceptionally well, offering a stellar experience for all. Momentum Wealth (Pty) Ltd (FSP 657) is an authorised financial services provider. Momentum Wealth International Limited (FSP 13495) is an authorised financial services provider in terms of the Financial Advisory and Intermediary Services Act No 37 of 2002 in South Africa. Momentum Investments is part of Momentum Metropolitan Life Limited, an authorised financial services and registered credit provider (FSP 6406) (NCRCP173). HYMNE’S ASPIRATIONS What were your aspirations as a child? As a child, my parents gave me the gift of believing that I can do and become whatever I aspire to do and to be. My interests have always been vast and diverse, from performing arts and languages to mathematics and medicine. It was a tough choice to choose one field. And now? I aspire to make a difference in the world and to live life fully. It is important to me to be kind, to pay it forward in life, and to make a positive impact wherever I go and to whomever I meet. CAREER HISTORY Hymne Landman joined Momentum Metropolitan in January 2005. She filled various roles at Momentum and RMB Investment Bank before being appointed in her current role in 2018. Landman has extensive knowledge of the retail investments market, with a particular passion for the LISP industry and the role of platforms in enabling best financial advice for clients. She holds a BCom Hons (Actuarial Science, Cum Laude) and qualified as an actuary through the UK Institute of Actuaries in 2009. 40 www.bluechipdigital.co.za
The reason we have such specialised solutions and capabilities is that we have some really special people. People who understand that investing is personal. Momentum Investments provides a multitude of investment businesses, tools, solutions and capabilities to financial advisers and their clients. We have a diverse set of investment options to suit each client’s individual needs. Together we then manage it systematically so that they have the best chance of achieving their goals. All thanks to our people – a team of passionate experts who understand that it’s not just about the investments they’re managing, but also the people investing their money. That’s why we say that with us, investing is personal. Speak to your Momentum Consultant or visit momentum.co.za Momentum Investments @MomentumINV_ZA Momentum Investments MI-CL-684-AZ-2571 Momentum Investments is part of Momentum Metropolitan Life Limited, an authorised financial services (FSP6406) and registered credit (NCRCP173) provider.
Page 1 and 2: Issue 81 • Oct/Nov/Dec 2021 www.b
Page 3 and 4: Digitally speaking Blue Chip speaks
Page 6 and 7: CONTENTS ISSUE 81 OCT/NOV/DEC 2021
Page 8 and 9: CONTENTS ISSUE 81 OCT/NOV/DEC 2021
Page 10 and 11: FOREWORD Lelané Bezuidenhout CFP®
Page 14 and 15: On the money Making waves this quar
Page 16 and 17: On the money Making waves this quar
Page 18 and 19: COLUMN How do we build your portfol
Page 20 and 21: FPI Life begins at 40 The FPI celeb
Page 22 and 23: FPI EXCLUSIVE Making a difference i
Page 24 and 25: FPI EXCLUSIVE • The FPI designati
Page 26: FPI EXCLUSIVE How has Covid changed
Page 29 and 30: FINANCIAL PLANNER OF THE YEAR there
Page 31 and 32: It truly starts with you In 2006, i
Page 33 and 34: When we won, the effect on existing
Page 35 and 36: INVESTMENT “SPACs provide an inve
Page 37 and 38: My take on responsible investing RE
Page 39 and 40: Finding purposeful investments may
Page 41: INVESTMENT Hymne, please describe t
Page 45 and 46: INVESTMENT A combination of both ac
Page 47 and 48: INVESTMENT approach. We have had si
Page 49 and 50: Looking for a true global investmen
Page 51 and 52: OFFSHORE Income Growth. This portfo
Page 53 and 54: CAPEX This could be for new infrast
Page 55 and 56: OFFSHORE Global equity has been the
Page 57 and 58: OFFSHORE There are three reasons fo
Page 59 and 60: Service more clients in less time.
Page 62 and 63: OFFSHORE AN OPPORTUNITY WRAPPED IN
Page 64 and 65: RESPONSIBLE INVESTING CAPITAL CLIMA
Page 66 and 67: RESPONSIBLE INVESTMENT ESG investin
Page 68 and 69: RESPONSIBLE INVESTMENT Superior str
Page 70 and 71: UMBRELLA FUNDS Regulation 38: creat
Page 72 and 73: Hollard Life Solutions launches Lif
Page 74 and 75: RETIREMENT The South African outloo
Page 76 and 77: OIL & GAS EXPLORING THE UPSTREAM Th
Page 78 and 79: EQUITY INDICES How difficult is the
Page 80 and 81: FUND OF FUNDS A differentiated appr
Page 82 and 83: COACHING Difficult conversations. P
Page 84 and 85: COACHING Helping you take your busi
Page 86 and 87: FINTECH A SAFE PLACE TO SUCCEED Blu
Page 88 and 89: RISK TOLERANCE The perils of risk t
Page 90 and 91: COACHING Helping clients through un
Page 92 and 93:
GOOD READ Rogues’ Gallery If you
Page 94 and 95:
FINANCIAL WELLBEING HEALTH: A NATIO
Page 96 and 97:
FEE MODELS IN CHOOSING BETWEEN FLAT
Page 98 and 99:
RETIREMENT How shared value can sol
Page 100:
Metropolitan works towards creating
Page 103 and 104:
ACCELERATE SUCCESS LISPEND MORE TIM
Page 106 and 107:
Women in Finance: Breaking Barriers
Page 108 and 109:
COMPLIANCE Cross-border data transf
Page 110 and 111:
EDUCATION approach to money, much l
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Blue Chip Issue 81

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