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Stanfin

What does it offer me?

  • A guide to business and personal financial planning
  • Take the worry out of financial planning
  • Stanfin is dedicated to assist you with both business and personal financial planning
  • This includes but is not limited to retirement planning, estate planning, tax advice, investment planning, insurance, health and medical cover among others
  • Insurance is an important component of any financial plan. There are many types of insurance and all play a key role. However, all types of insurance have one thing in common, insurance is designed to protect against a particular risk
  • A consultant will typically undertake a needs and risk analysis to understand your personal or business situation and then recommend solutions based on your specific needs
  • This service is presently provided free of charge and it is recommended that you meet with your consultant at least twice a year

Areas of specialisation

Long-term value investments with superior returns. Stand-alone risk benefits that can be changed as the market changes

Services offered

  • Retirement planning
  • Investments
  • Estate planning
  • Life and disability assurance
  • Business assurance
  • Offshore investments
  • Group schemes
  • Drafting of wills

Retirement planning

We can provide you with the information and tools you need to understand retirement planning issues. Based on this information, you can then create a retirement plan that works for you

Investments

The right investment can actually make it almost simple to realise your goals that will enhance your life in the present and let you look forward to the future too

Investment products

  • Unit Trusts (Local and offshore)
  • Retirement annuities
  • Offshore
  • Endowment plans
  • Pension and provident fund
  • A financial advisor can narrow the field of choice to those investments that best fit with your goals and objectives

Estate planning

You’ve built up an estate, and achieved success. Your focus starts shifting away from taking care of yourself, to ensuring your loved ones are cared for after you’re gone. That’s what estate planning is all about

Life and disability assurance

Life Assurance

  • Life insurance is among the most useful of all the things that you may ever get. If properly fitted to your needs and offered at a competitive price, life insurance yields important advantages, including:
  • For your survivors
  • Investment/forced savings for you and possible collateral for your bankers
  • Reduced income and transfer tax liability
  • A ready source of cash at a time when it’s likely to be needed most
  • Funding of buy/sell agreements and other business applications
  • The basic varieties of life insurance are permanent, also called whole life. At the time of purchase, a whole life policy represents the insurance company’s promise to provide coverage for the entire life of the insured person, as long as premiums are paid

Disability Insurance

  • Throughout much of your life, the chances that you will become disabled are greater than the likelihood of sudden death. However, many more people have life insurance policies than have disability policies
  • Unlike a life insurance policy, which is primarily designed to provide a lump sum payment in the event of death, a disability policy provides income to an individual who becomes disabled because of an accident or illness

Business assurance

  • Business assurance is vital for anyone who runs his or her own business
  • In most cases, business assurance is risk and/investment assurance taken out to protect a business from potentially dire financial consequences should someone who is essential to its operation die, or become disabled. This person could be an owner of the business, a director or an employee
  • Business assurance can also be used to prevent a key employee from leaving to work for a competitor. In this case, a policy is taken out that will mature in the future to the financial benefit of the employee
  • The purpose of business assurance is to ensure that a business remains a going concern after an unplanned event, and that an owner and his or her dependants are protected against financial hardship. There are life assurance products to cover various scenarios and needs. Each product, however, has different tax consequences that you must take into account. The ownership structure of a business will also determine the type of assurance required

Why do I need a Will?

A Will is a device that lets you tell the world who you want to get your assets. Die without one, and the state decides who gets what, without regard to your wishes or your heirs’ needs

Your first step

Take stock of all your assets. These include your investments, retirement accounts, insurance policies, real estate, and any business interests. Deficit? All you need to do is phone us to set up an appointment with a consultant in your area

How do I apply?

Visit your nearest Standard Bank Branch or contact our Stanfin office on +264 (0) 61 294 2333


 
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