FINANCIAL RESULTS
• Which ones they do not hold but could benefit from; and
• To what extent they potentially missed out on in terms of the PPS Profit-Share Cross-Holdings Booster.
PPS 2024 Financial Results: An opportunity worth acting on
On 15 April this year, PPS unveiled its 2024 Financial Results, revealing one of the strongest years in the Group’ s 84-year history. With R5.3 billion * allocated to members’ notional PPS Profit-Share Accounts™ and more than R3.7 billion paid in claims, the results not only reflected financial strength but reaffirmed PPS’ s commitment to its mutual model and member value.
But beyond the impressive numbers, the results release marked something more: a golden opportunity for advisers to reconnect with clients in a highly relevant and personalised way.
All results were made available at pps. co. za / reports / overview / 2024, including:
• A video discussion with Theo Vorster, CEO Izak Smit and CFO Simphiwe Johnson;
• A concise, eight-page results brochure;
• A detailed Claims Fact Sheet, highlighting how PPS supported more than 15 000 members; and
• The full 2024 Integrated Report for deeper analysis.
The April edition of the Business Brief also provided valuable insights for you as an adviser to interpret the results and communicate their relevance more effectively to your clients.
MOST MEMBERS HAVE NOT LOGGED IN – HAVE YOU?
By late May, around 60 % of PPS members had not yet accessed their PPS Profit-Share Account™ statements. This presents you with a key opportunity – one of the most meaningful client conversations you can have this year.
Each member’ s online statement includes a personalised video that reveals:
• Which PPS products they currently hold;
These figures have been calculated by PPS’ s actuaries, meaning they provide a reliable indication of the minimum amount a member could have earned through the booster. It is important to note that this calculation represents the minimum booster amount and does not include any potential allocations from business units where the member holds products.
This insight is a perfect opportunity for you to have a powerful, tailored conversation about closing gaps and unlocking greater long-term value for your clients.
USE THE TOOLS AT YOUR FINGERTIPS
The PPS Profit-Share Account™ Member Insight Hub( for which you would have received an e-mail to gain access) gives you all the tools you need to act. You can:
• See which clients received and accessed their statements;
• Track the last log in dates;
• Access individual statement links; and
• Send pre-populated reminder e-mails directly from the dashboard.
This secure, easy-to-use platform is designed to help you strengthen client engagement and elevate your service.
NOW IS THE TIME
The 2024 results are not just a look back – they are your springboard for meaningful, portfolio-expanding conversations. Reconnect with your clients, highlight missed opportunities and help them unlock even more value from their PPS membership.
The time to act is now. The numbers and the missed opportunities are clear – do not let them pass by.
* PPS Group’ s operations in South Africa.
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