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Nedbank Wealth
» Operational overview from Annual report 2010. . . click here to view
Nedbank Wealth provides insurance, wealth and asset management solutions. The cluster is responsible for the high-net-worth segment of Nedbank Group and also operates via financial planners, independent financial advisers and third-party intermediaries.
Overview
Nedbank Wealth encompasses a number of businesses offering life and shortterm insurance solutions, insurance broking, financial planning, stockbroking, private banking, wealth and fiduciary, as well as asset management services. With representation in South Africa and London and on the Isle of Man, Jersey and Guernsey, Nedbank Wealth comprises the following three business divisions:
Insurance, which includes:
- Nedgroup Life, offering credit life, simple risk and savings solutions and a set of
differentiated individual risk life products supported by a wellness programme.
- Nedgroup Insurance, a short-term insurer specialising in homeowner's cover,
personal accident and vehicle-related value-added insurance products,
eg warranty, topup and tyre and rim cover.
- Nedbank Group Insurance Brokers, distributing a wide range of short-term
insurance products.
Asset Management, which includes:
- Nedgroup Investments, offering a range of local and international 'best of
breed' unit trusts, private client asset management and multimanagement
solutions.
Wealth Management, which includes:
- BoE Private Clients, a private client wealth management business offering a fully integrated spectrum of services across a client's balance sheet, with focus on investments, banking (transactional, specialised and leveraged finance), estate and risk management and philanthropy.
- Trust and Fiduciary Services (local), providing professional fiduciary and trust services.
- Nedbank Financial Planning, offering financial planning services in risk, investment, retirement and estate planning to the broader Nedbank client base.
- Fairbairn Private Bank, with offices in London, on the Isle of Man and Jersey and in South A frica and offers private banking and private client wealth management services.
- Trust and Fiduciary Services (international), located on Jersey and Guernsey and offering a comprehensive suite of fiduciary solutions designed to match the bespoke requirements of high-net-worth clients.
| This page was updated on 30 March, 2011 |  Return to top |
