STANLIB introduces online capturing for new business

As part of our journey to enhance the experience you have with STANLIB, we are proud to introduce the functionality to capture new investments online.  This is a major step in our journey to make dealing with STANLIB easier and more seamless.

This functionality is available on STANLIB Online under the "Transactions" tab and all registered users can now invest online.

The following business can be captured online:

1. Unit Trust New Business – New Functionality
   Financial advisers and investors who are registered users of STANLIB Online, will now for the first time be able to load Unit Trust new business on STANLIB Online.
   
   
2. LISP New Business – Enhanced Process
   Financial advisers and investors who are registered users of STANLIB Online can load all new Linked products (Classic Investment Plan, Classic Retirement Annuity, Classic Linked Life Annuity, Classic Preservation Pension Plan and Classic Preservation Provident Plan). This functionality has been available for some time, but the process has now been enhanced.

How to capture new investments on STANLIB Online

1. Access STANLIB Online from www.stanlib.com
   
   
2. Once you have logged onto STANLIB Online, select the following:
   a. For Unit Trust: Select the Transactions tab, then Unit Trusts, then Invest in a Unit Trust, or
   b. For New Linked Investments: Elect the Transactions tab, then Linked New Business, then Load New Investment
   
   
3. Complete all the details as requested on the online capture screens.
   
   
4. At the end of the process the system will generate a STANLIB New Business Application Form, with all the details as completed by the investor or adviser on the online capture screens. Once submitted the system will supply a confirmation and reference number that can be used to track and monitor the transactions.
   
   
5. This form needs to be printed and signed by the investor and financial adviser, and submitted to STANLIB:
   a. Scan and upload the signed form via the new business process on STANLIB Online, or
   b. Scan the document and email it to instructions@stanlib.com, or
   c. Fax – UT (0867 277 501) or LISP (0867 277 505)
   
   
6. All supporting documentation (such as FICA, proof of Identity, etc) can also be uploaded on STANLIB Online.
   
   
7. The transaction will be processed once the signed New Business Application Form and the supporting documentation have been received by STANLIB.
   
   
8. A Welcome Pack will be issued once the transaction has been processed.
   
   
9. STANLIB Online allows you to save the application until such time as the investor/adviser has all the details to complete the new business application process. The details will be saved for a maximum of seven days.

Benefits

• Automated application forms – use the online capture screens to complete all the details
  
  
• Higher quality of data – the uploaded information does not have to be recaptured and will be correct the first time by using online validations
  
  
• Business Rules have already been built into the New Business process, so investors and advisers will be guided throughout the process
  
  
• The STANLIB Online environment is completely secure