| |
Old Mutual is the largest financial services company in South Africa.
It serves over 4.5 million customers, offering them life assurance,
asset management and banking services. The company has over 13 000
employees. Of these, 3 500 employed advisers provide financial advice
and education on personal finances to clients, along with over 7 000
independent brokers or financial advisers.
Our core business of life assurance offers investment and protection
solutions for both individual and corporate customers. We operate
in all key market segments, offering investment products and retirement
annuities as well as life, disability and health insurance products.
A new innovation is Old Mutual Bank, which combines the strength of
Old Mutual’s brand, customer base and distribution with Nedcor’s
banking expertise and branch infrastructure in a new bancassurance
offering for our customers.
Old Mutual Unit Trusts makes the stock market accessible to the full
spectrum of investors, through a range of general and specialist funds
invested in a wide spread of asset classes.
Old Mutual Healthcare is involved in meeting the healthcare needs
of groups and individuals through, amongst others, its innovative
Oxygen medical scheme.
Old Mutual has launched a new business aimed at meeting the specific
needs of customers at the top end of the market.
Fairbairn Capital brings together the Investment Frontiers and Galaxy
businesses to offer specialised investment solutions for wealthy individuals.
As part of addressing the national challenge of providing financial
services to previously disadvantaged South Africans, particularly
those in the low-income market, Old Mutual Group Schemes uses an education-based
approach to supply risk and savings products, mainly to individual
members of affinity groups like trade unions and staff associations.
Corporate clients are served through Old Mutual Employee Benefits
(EB). EB offers group life and disability insurance products, group
retirement savings products, and administration and consulting services
to pension funds and their members.
Supporting all of these businesses, and offering its expertise to
financial institutions, pension funds and corporates outside of the
group, OMAM is South Africa’s largest fund manager, with a wide
range of mandates for unit trusts, pension funds and our own policyholder
funds.
Old Mutual plays a crucial role in South Africa’s economy as
a custodian of the nation’s savings. Those savings, invested
on behalf of our customers, become the foundation of economic growth
in many sectors of our economy. |
|
