April 2013: PPS's Big Profit - 2013 - FinGlobal Skip to main content

April 2013: PPS’s Big Profit – 2013

By April 18, 2015July 25th, 2020Newsletter

April 2013: PPS’s Big Profit – 2013

April 18, 2015

April 2013: The Professional Provident Society of South Africa announced their highest profit in 72-years, with R3.0 Billion going into members’ 2012 Profit Share Accounts (previously known as Surplus Rebate Accounts)

Over the last 10 years PPS enjoyed a compound annual growth rate of 17.7% on their market investments, which is arguably one of the better international investment returns around.

As an accredited PPS Global Financial Planner we understand the long-term benefits PPS products hold over most other insurance products. The real difference resides in PPS sharing its profits with members on apportioned allocation, which over time adds significant (tax free) value to members’ Profit Share Accounts.

Our Financial Planning Division specialises in evaluating and advising international clients on their PPS products and benefit portfolios with the view to optimise their profit share.

Readers of fresh milk, if you wish to find out what portion of the R3 Billion has accrued to your Profit Share Account, please click here to have your confidential email report delivered within 24 hours.