DIY finances for bluebeaners

Published Jan 27, 2001

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Standard Bank's bluebean.com cardholders are able to do more than just online banking and shopping following the integration of the Liberty Group's MyLife e-commerce venture with bluebean.com.

Gavin Came, managing director of MyLife, says MyLife provides bluebean.com cardholders with a range of tools and products to empower them to make financial decisions. MyLife then also offers you the opportunity to take steps to fulfil your financial goals through a range of online products.

Came says MyLife enables DIY customers to combine all their financial affairs online and helps them plan for important events such as birth, marriage, house purchases and education.

You can enter your details and financial goals on the site and request suggestions on how to meet your goals.

To implement these suggestions you can then purchase products online. These products include all South African domestic and offshore unit trusts, wrap funds, retirement annuities, and life and disability cover.

The site has an advanced level of internet security.

Standard Bank launched bluebean.com in August last year and if you sign up as a member you are issued with a bluebean credit card which allows you to buy goods online as well as at ordinary shops.

* Standard Equities, a subsidiary of Standard Bank, has teamed up with the South African subsidiary of London Stock Exchange-listed company Interactive Investor International (iii) to launch an online discount share trading and information platform for South African investors.

The iii Trader service can be accessed via iii's website at www.iii.co.za

The fee per trade is 0.6 percent plus VAT with a minimum fee of R75 excluding VAT.

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