Thinking of how to get your children or wards ready for the new school season? Join our Twitter chat session tomorrow by 2pm as Mayowa Adeyinka-Oni discusses how you can with Stanbic IBTC Education Trust. #SET
Thinking of how to get your children or wards ready for the new school season? Join our Twitter chat session today by 2pm as Mayowa Adeyinka-Oni discusses how you can with Stanbic IBTC Education Trust. #SET
Hi everyone and welcome to our Twitter chat this beautiful Wednesday. Hope you are all having a good day.
So it's #Backtoschool season and we will be chatting on how to get your wards and children ready for the next school session with Stanbic IBTC Education Trust.
Got any questions? Use the hashtag #WealthWednesday and we will be sure to answer them! 😀
A: SET is designed to assist parents and guardians attain their objective of providing sound education for their children and wards through a plan that is convenient and flexible with long term benefits. #WealthWednesday#SET
A: Parents and Guardians can make contributions towards funding the education of their child(ren) to their desired phase, the funds are invested and payments made as needed. #WealthWednesday#SET
Q: Is it possible to open a #SET account for your unborn child?
A: No, it is not possible to open a SET account for an unborn child as a Trust requires a named beneficiary to setup. #WealthWednesday#SET
However, you can set up a dedicated Mutual funds account for an unborn child. #WealthWednesday #SET
Q: What’s the procedure and how much does it cost?
The documents required to setup a #SET account include:
▶️The letter of appointment which appoints us as Trustees.
▶️Indemnity Form: Indemnity: Security or protection against a loss or other financial burden, this enables us receive instruction via email. #WealthWednesday#SET
▶️A #SET mandate which collects the customer and beneficiary details.
▶️Passport photograph of customer and beneficiary.
A: Yes, you can get the money anytime you need it as long as it is for an education-related expense. #WealthWednesday#SET
Q: Can I open a #SET account for someone that is not my child?
A: Yes, you can open a SET account for someone that is not your child. #WealthWednesday#SET
Q: As an adult, can I setup a #SET account for myself to further my education?
A: Yes, you can. The requirements for this is the same as when opening for a child. Leave your details here: standardbank.eu.qualtrics.com/jfe/form/SV_3P… and we will reach out to you with more information on this. #SET
One more thing to note.
The total minimum amount required for a #SET account is N125,000 i.e. N25,000 set up fee and N100,000 minimum amount required. #WealthWednesday
We have come to the end of this session. Thank you for staying tuned!
We hope you learnt a thing or two on how to secure your children’s future with #SET. To know more, click here standardbank.eu.qualtrics.com/jfe/form/SV_3P… and we will reach out to you with more information. #WealthWednesday
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Our Independently Managed Portfolios (IMP) are discretionary management agreements whereby clients delegate the day to day investment decisions and implementation of their chosen investment strategy to Stanbic IBTC Asset Management Limited... #WealthWednesday
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Join our Twitter #WealthWednesday chat today by 3pm as we will be discussing all you need to know about Stanbic IBTC Bond fund.
Hello everyone, welcome to our Twitter Chat this beautiful Wednesday. Today we’ll be discussing all you need to know about the Bond fund. Send us any questions you have about it using the hashtag #WealthWednesday and we’ll answer them!
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Our Super App now has the Insurance module which offers you the opportunity to view your policies, renew policies, and make a claim. #WealthWednesday
If you happen to be in that situation, here’s what you should do.
• Navigate to the required policy and click the claim icon
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This arrangement gave her time to raise their kids & run a small business from home especially as they did not want a live-in help though they could afford it. #WealthWednesday