Update on STANLIB Upfront Charges

Please note that effective 13 January 2015, STANLIB has discontinued all upfront charges on all lump sum, additional (ad hoc) investments and debit orders for Domestic Unit Trusts and Linked Investments regardless of the investment amount.

This applies to once-off debits, direct deposits and recurring debit orders.

This phase excludes Offshore, which will be looked at as well at a later date.

Linked Investments (LISP)

The zero STANLIB Upfront Charge applies to all STANLIB Linked Investments products:

  • STANLIB Classic Investment Plan
  • STANLIB Classic Retirement Annuity Fund
  • STANLIB Classic Preservation Pension Plan
  • STANLIB Classic Preservation Provident Plan
  • STANLIB Classic Linked Life Annuity

STANLIB Direct Unit Trust Retirement Wrappers

The zero STANLIB Upfront Charge applies to all STANLIB Unit Trusts – domestic – as well as the Direct Unit Trust Retirement Product Range:

  • STANLIB Direct Unit Trust Retirement Annuity Fund
  • STANLIB Direct Unit Trust Preservation Pension Fund
  • STANLIB Direct Unit Trust Preservation Provident Fund
  • STANLIB Direct Unit Trust Linked Life Annuity

Collective Investments Schemes (Unit Trusts)

The zero STANLIB Upfront Charge applies to all domestic STANLIB Unit Trusts.

Forms

Please use the new forms for all business going forward – (the forms can be found here)

Financial Adviser Upfront Charges

The above does not affect the financial adviser’s Upfront Charge as agreed upon with their client.

STANLIB Service Charges

STANLIB’s Service Charges (annual and/or platform charges depending on the investment) will remain unchanged.

For more information

Please contact your Liberty broker consultant or STANLIB Regional Manager if you have any questions. Alternatively you can phone the Broker Support Line on 0860 104 418, Broker Consultant or the SBFC Fund Support Desk on 086 142 4862 or Email: FundSupportMailbox@STANLIB.com