Motivate your adviser to reach stretch Life targets and win a reward.
You will earn an additional reward for every adviser in your panel that meets their individual Life target for the quarter, subject to a minimum of 5 qualifying advisers.
How it works:
The individual target increase for each adviser will be based on the API band they fall into.
|Prior Year API production band
(April – June 2017)
|Percentage API Increase required|
|R0 to R74,999||30%|
|R75,000 to R149,999||25%|
|R150,000 to R299,999||20%|
|R300,000 to R599,999||15%|
|R600,000 to R899,999||12.5%|
|900,000 to R1,199,999||10%|
Based on this, you will receive a rand value reward for each qualifying adviser who exceeds their individual targets.
|Prior Year API production band||Rand reward value per qualifying adviser|
|R0 to R74,999||R500|
|R75,000 to R149,999||R750|
|R150,000 to R299,999||R1000|
|R300,000 to R599,999||R2000|
|R600,000 to R899,999||R4000|
|900,000 to R1,199,999||R6 000|
|R1,200,000 to R2,399,999||R8 000|
|R2,400,00 +||R10 000|
Things to note:
- To qualify, your advisers will need to meet the minimum criteria below:
- R40 000 for tied financial advisers
- R5 000 for Independent Financial Adviser
- You will also need to achieve minimum criteria for quarter 4
- This challenge will run from 26 March 2018 – 25 June 2018