On Route: March Edition 2022 | PSG

Fraudulent Telegram and WhatsApp groups 
Please beware of fraudulent Telegram and WhatsApp groups impersonating PSG Financial Services, our divisions and our advisers. Be cautious, verify links and contact your adviser or Client Services if you have any queries or concerns.

Risk and Retirement 

Regulation 28

Regulation 28 is issued under the Pension Funds Act. It limits the extent to which retirement funds may invest in particular kinds or categories of assets. The main purpose is to protect the members’ retirement provision from the effects of poorly diversified investment portfolios. Read more here.

Wealth 

PSG Group Unbundling: 1 March 2022

The proposed change in the shareholding structure of PSG Konsult as a consequence of the proposed unbundling will not impact the firm’s business model, operations or capital and solvency position and the management team remain committed to delivering on PSG Konsult’s strategy and growth potential. Read more here.

Markets lower as Ukrainian war enters second week

While the United Nations voted to end the Ukrainian war immediately, talks between Ukraine and Russia were said to resume on Thursday and sanctions against Russia increased. “Russian President Vladimir Putin reiterated to France’s Emmanuel Macron that he will not stop the attack until the current Ukrainian government is ousted,” Bloomberg stated. Globally countries are banding together against Russia: Monaco, a Russian monetary haven, has frozen Russian assets, so did Switzerland, France impounded a Russian tycoon’s yacht, and the US upped its seizure actions against Russian elites. “The world effectively weaponised finance in the wake of Russia’s invasion in Ukraine, and now there’s a cold, hard stop coming for the oligarch era,” wrote Bloomberg. Read more here.

Health

Six better sleep tricks

We know we often don’t get enough sleep, and while it’s horrible to feel groggy the next day, did you know that the effects can be truly dangerous? Read more here.

What your kidneys would like you to know

We don’t really think about our kidneys. They don’t make us aware of them, the way our stomachs do. But we need to care for them, because we can’t survive without them. Read more here.

What is happiness, according to science?

Despite the “overflowing sea of resources” about happiness, finding advice that can easily be applied to daily life is not as easy as you’d think. So says researcher Alina Ivan in a review of a BBC podcast called The Happiness Half Hour in The Psychologist, (the official monthly publication of The British Psychological Society). Read more here.

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