Beneficiary Care
Losing a loved one is tough, especially for children who may be left without financial support. That's why we've created the Standard Umbrella Beneficiary Fund, managed by Standard Trust Limited and registered with the FSCA. We're here to provide compassionate support and help manage the funds for minor beneficiaries or orphans. Our aim is to empower parents and guardians to continue providing for their children's future in the event of their absence.
Some of the benefits
Simplified processes
A simple onboarding and ad hoc payment processes regulated by the FSCA providing protection of beneficiary rights, governance and growth of funds which are exempt from tax
Annual confirmation of existence
Through our partnerships with the Department of Home Affairs swift and seamless verification of existence is enabled
Dedicated specialists
We ensure expert care and protection of beneficiaries’ assets by our team, that includes a board of trustees, independent principal officer and trustee, asset consultant, asset manager and key-account executives
Our team of specialists ensure expert oversight and protection of your beneficiary’s assets
Feenix
Get crowdfunding opportunities for tertiary education through Feenix® with access to any Standard Trust Limited offices country wide. We assist beneficiaries to open a Sum1 bank account at 16 with no service fees for the first 2 years
What you get
- Peace of mind, protection of benefits and easy access to your funds through:
- Our Branch network across South Africa and Africa
- Service in South Africa’s 11 official languages
- Funds invested with reputable asset managers
- Trustee negotiated discounted investments fees with fund managers
- Asset management consultants provide the Trustees with advice on investment strategies
- Dedicated call centre with call me back options and auto dial miscall
- Board of Trustees oversight for investments and governance
- Crowdfunding opportunities through Feenix® for tertiary education
To check if you have unclaimed benefits, click here to search the FSCA’s unclaimed benefits portal.
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What you get
- Peace of mind, protection of benefits and easy access to your funds through:
- Our Branch network across South Africa and Africa
- Service in South Africa’s 11 official languages
- Funds invested with reputable asset managers
- Trustee negotiated discounted investments fees with fund managers
- Asset management consultants provide the Trustees with advice on investment strategies
- Dedicated call centre with call me back options and auto dial miscall
- Board of Trustees oversight for investments and governance
- Crowdfunding opportunities through Feenix® for tertiary education
To check if you have unclaimed benefits, click here to search the FSCA’s unclaimed benefits portal.