Performance Low economic growth during the reporting period undoubtedly impacted performance, which put pressure on certain of our members who were financially distressed. Despite this, PPS ASE remains the fastestgrowing internal advisory channel in the country according to independent consultants, which is a notable achievement. This is mainly due to our strategy of empowering advisers to be entrepreneurial and the ongoing investment we make in their development. New advisers complete a two-year programme to become accredited financial advisers. We also afford ongoing mentorship and all the benefits of our advanced business and technology solutions. We focus on professionals in practice or the workplace, which is in itself a clearly defined market niche. For all these reasons, we regard our business success as a shared success, one we share with both our members and our advisers. PPS ADVISORY SERVICES AND ENABLEMENT (ASE) About PPS ASE is an internal advisory channel with a core mandate to ensure that members live the lives they want to live. This is achieved through a holistic and bespoke approach, which enables delivery of customised and integrated financial advice and planning services, to members. The role ASE plays within the PPS Group is vital to creating new business and nurturing existing member relationships Our team of 130 qualified advisers provides a highly personalised experience to all our graduate professional members through an advice-led approach customised to meet their needs. This provides tailored financial advice and service, always ensuring the highest standards in doing business. In addition, our boutique Wealth Advisory Service consisting of 14 wealth managers, offers high-net-worth professionals tailored financial advice and solutions for all their wealth protection, wealth creation and wealth acceleration needs. Our teams work closely alongside a group of technical specialists who provide expertise on complexities and intricacies often found in business assurance and complex financial planning matters. Our collective capabilities and competencies deliver valuable support to each graduate professional member. Our internal PPS advisers offer financial assessments and recommendations for a range of customised solutions as well as expert advice on the entire suite of PPS products. Both our solutions and our products consider the various lifestyle and financial issues that impact graduate professionals to ensure that each financial journey meets the unique needs and goals of the individual member. UP 9% from 2021 R1.12 billion Gross new inflows UP 8% from 2021 R69.8 million New life risk annual premium income UP 10% from 2021 R5.72 billion Total assets under management PPS GROUP PERFORMANCE AT A GLANCE 32 PPS Group performance at a glance
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