The latest issue of Opportunity focuses on the benefits of wealth planning, the future for purposeful investing, and how to get the most out of foreign exchange, plus all our recent company news.

Our client magazine is published three times a year and provides articles and insights to help clients understand how they can benefit from their wealth. We also report on recent company updates. Please click on the options below to flip through the contents or see it in full screen mode.

Clients can share the publication or download it by clicking in the top right-hand corner of the frame.

If you would like to subscribe, please visit our subscription centre.

This is the latest update on how we as a business are operating during the coronavirus pandemic. We hope that you and your families are well.

Since our previous update, we have seen a big reduction in COVID-19 cases as we are now in the endemic stage. We continue to closely monitor the situation in readiness for any changes.

What is the current situation at Nedbank Private Wealth?

We continue to follow government guidance in the locations where we operate, and our staff remain dedicated to providing excellent support to clients.

Currently all of our offices are open and fully staffed, and clients can visit as required.

Business as usual

We continue to monitor the COVID-19 situation and we will take the appropriate steps should the need arise.

While it is business as usual across our organisation, we still encourage clients to use our mobile app or online banking service for payments, transfers, and foreign exchange. This is the fastest and most secure way of transacting. 

Clients can get in touch with their private bankers or relationship managers, in the usual way, by telephone, email, or Qwil chat. Alternatively, clients can contact our client services team by email on [email protected] or call +44 (0)1624 645000.

Nedbank Private Wealth’s overriding priority remains the health and safety of our staff, clients and communities while protecting our clients, advising them with integrity, and making their lives easier.

If you would like to find out more about how we continue to operate, please contact your private banker or our client services’ team on +44 (0)1624 645000.

The latest edition of Opportunity puts the case for private equity as part of a diversified investment portfolio, looks at how you can plan for success in retirement and includes company news and more.

Our client magazine is published three times a year and provides articles and insights to help clients understand how they can benefit from their wealth. We also summarise recent company updates. Please click on the options below to flip through the contents or see it in full screen mode.

Clients can share the publication, or download it by clicking on the arrow in the top left-hand corner of the frame.

If you would like to subscribe please visit our subscription centre.

This is the latest update as to how we as a business are operating during the coronavirus pandemic. We hope that you and your families are well, and are enjoying the festive season.

Since our previous update in September, we have seen the emergence of the Omicron variant, which is currently having a widespread impact, globally. If there is anything we can do to make this challenging time easier for you, please get in touch.

What is the current situation at Nedbank Private Wealth?

We continue to follow government guidance in the locations where we operate, and our staff remain dedicated to providing the excellent support to clients that has underpinned this unexpectedly prolonged period of uncertainty.

  • Our Isle of Man office is fully staffed and banking operations continue as normal. The office is open and we welcome clients to visit as required.
  • Our Jersey office has returned to a 50% work from home arrangement following guidance provided by the Jersey Government. The office continues to remain open to visitors.
  • As per the UK Government guidance, our UK based staff are working from home, except for occasions where necessity dictates being in the office.
  • Our Dubai team continue to work from the office while adhering to government guidelines.
  • Around a third of our Guernsey staff are working from home with the remainder in the office. The office continues to be open to visitors.

Business as usual

While we continue to monitor the COVID-19 situation closely, and will take further steps should the need arise, we continue to operate as normal. We are well positioned for any further lockdowns in the event that might occur.

All our staff remain vigilant in respect of potential fraud attempts – keeping our clients and their money safe from fraudsters who may be attempting to take advantage of the coronavirus pandemic. Our protect yourself from fraud page has advice on keeping your money safe from fraudsters.

What does this mean for clients?

It is business as usual across our organisation. However, we encourage clients to use our mobile app or online banking service for payments, transfers and foreign exchange. This is the fastest and most secure way of transacting. 

Clients can get in touch with their private bankers or relationship managers, in the usual way, by telephone, email, or Qwil chat. Alternatively, clients can contact our client services team by email on [email protected] or call +44 (0)1624 645000.

Nedbank Private Wealth’s overriding priority remains the health and safety of our staff, clients and communities while protecting our clients, advising them with integrity, and making their lives easier.

If you would like to find out more about how we continue to operate, please contact your private banker or our client services’ team on +44 (0)1624 645000.

Take Five Week aims to keep you safe from cyber fraud and scams. Remain vigilant and remember to stop, challenge, protect!

Public warned of surge in impersonation scams as cases more than double

  • New research finds that nearly one in four people find it hard to say ‘no’ to requests from a stranger on the phone
  • Take Five to Stop Fraud campaign urges people to Stop, Challenge, Protect when asked for their information or money

At the start of Take Five Week (13-17 September), the public is being warned about the increase in fraudulent calls, texts and emails as new figures from UK Finance show the number of impersonation scam cases more than doubled in the first half of 2021 to 33,115. These scams resulted in criminals stealing £129.4 million through this type of fraud alone over this time. In the same period last year there were 14,947 impersonation scam cases which led to £57.9 million being stolen.

In an impersonation scam, a criminal pretends to be from a trusted organisation such as a bank, the police, a government department or a service provider. The criminal then tricks their victim into transferring money using a range of cover stories. These include claiming they need to protect an account from fraud, that a fine or tax needs to be paid or an erroneous refund must be returned.

Too polite to say no

The rise in impersonation scams comes as research for the Take Five to Stop Fraud campaign finds that nearly one in five (19 per cent) of people feel uncomfortable saying ‘no’ to a request for personal information from a stranger via email or text, rising to almost a quarter (23 per cent) when it comes to phone calls.3 This could leave them at risk of an impersonation scam.

Overall, 92 per cent of people admit to saying ‘yes’ because they don’t want to appear rude. The research found that people use all sorts of phrases to avoid saying ‘no’, with the most popular being ‘I’m not sure’ (used by 37%), followed by ‘I don’t think so’, ‘Let me think about it’, and ‘I can’t at the moment’ (all 34%) and this can give criminals a way in.

To help people stay safe, the Take Five to Stop Fraud campaign advice is to:

  • STOP: Take a moment to stop and think before parting with your money or information could keep you safe.
  • CHALLENGE: Could it be fake? It’s ok to reject, refuse or ignore any requests. Only criminals will try to rush or panic you.
  • PROTECT: Contact your bank immediately if you think you’ve fallen for a scam and report it to Action Fraud.

The impersonation scams data are the first published figures from UK Finance’s half-yearly fraud report, which will be published later this month.

Tony Blake, Take Five fraud expert, said:

“Criminals are experts at pretending to be someone they are not – and can fool even the savviest of people, who don’t want to seem rude”.

“If someone contacts you unprompted and asks for personal or financial information, stop and take a moment to think – even if they claim to be from an organisation you trust. Only criminals will put pressure on you to act quickly. Remember it’s ok to say no and contact the organisation through a route you know to be genuine”.

“The banking and finance industry works to tackle fraud on every front, through investing millions in advanced technology and working closely with the government and law enforcement to stop the criminal gangs responsible”.

For more tips on how to protect yourself from fraud, visit our fraud protection page.

Clients of Nedbank Private Wealth can get in touch with their private banker directly to understand how wealth planning can help them achieve their financial goals and objectives, or call +44 (0)1624 645000 to speak to our client services team. At Nedbank Private Wealth, multi-generational relationships are really important to us. So we work with you and your family to offer the appropriate support at whatever stage you and your family are in life.

If you would like to find out more about how we can help you with wealth planning support, please contact us on the same number as above, or complete the contact us form using the link below.

Any examples of investments and structures used are for illustrative purposes only. The inclusion does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.

In the latest edition of our client magazine, Opportunity, we review the role of philanthropy post pandemic, take a look at the bitcoin phenomenon and more.

Our client magazine is published three times a year and provides articles and insights to help clients understand how to benefit from their wealth. We also summarise recent company updates. Please click on the below options to flip through the contents or see it in full screen mode.

Clients can share the publication, or download it by clicking on the arrow in the top left-hand corner of the frame.

If you would like to subscribe please visit our subscription centre.

We provide another operational update relating to COVID-19, with news from all of our international offices.

We hope that you and your family are well.

Since our previous update in June, there has been a further lifting of restrictions, despite the increasing surge of the Delta variant.  At present we don’t know the impact this will have, but as always, if there is anything we can do to make this challenging time easier for you, please get in touch.

What is the current situation at Nedbank Private Wealth?

Our staff remain dedicated to providing the excellent support to clients that has underpinned this unexpectedly prolonged period of uncertainty.

We continue to follow government guidance in the locations where we operate, and provide a summary of our current operational status:

  • The Isle of Man office is fully staffed and banking operations continue as normal. The office is open and we welcome clients to visit as required.
  • In Jersey, our staffing levels in the office are approximately 50% and the office is open to visitors. Jersey is moving to stage 7 of their COVID strategy on 26 August, which means staff won’t need to work from home any longer and the office will return to normal.
  • Around half of the UK team are now back in the office, on a rotational basis, but the office remains closed to visitors for the time being.
  • The Dubai team continue to work from the office while adhering to government guidelines.
  • In Guernsey, the business is operating as normal in the office.

Business as usual

While we continue to monitor the COVID-19 situation closely, and will take steps should the need arise, we continue to operate as normal. We are well positioned for any further lockdowns in the unlikely event that might occur.

All our staff remain vigilant in respect of potential fraud attempts – keeping our clients and their money safe from fraudsters who may be attempting to take advantage of the coronavirus pandemic. Our protect yourself from fraud page has advice on keeping your money safe from fraudsters

What does this mean for clients?

It is business as usual across our organisation. However, we encourage clients to use our mobile app or online banking service for payments, transfers and foreign exchange. This is the fastest and most secure way of transacting. 

Clients can get in touch with their private bankers or relationship managers, in the usual way, by telephone, email, or Qwil chat. Alternatively, clients can contact our client services team by email on [email protected] or call +44 (0)1624 645000 between 8am and 8pm from Monday to Friday (except for UK bank holidays).

Nedbank Private Wealth’s overriding priority remains the health and safety of our staff, clients and communities while  protecting our clients, advise them with integrity, and making their lives easier.

If you would like to find out more about how we continue to operate, please contact your private banker or our client services’ team on +44 (0)1624 645000.

This is the latest update as to how we, as a business, are operating as a result of the lockdown restrictions stemming from the coronavirus pandemic.

As we edge ever closer to a state of normality, we continue to wish you and your family well.

Since our previous update, in late April, we have begun to see further positive signs as a result of government initiatives and the rollout of the vaccination programmes. As always, if there is anything we can do to make this challenging time easier for you, please get in touch.

What is the current situation?

  • The Isle of Man office is fully staffed and banking operations continue as normal. The office is open and we welcome clients to visit as required.
  • In Jersey, our staff are back in the office and the office is open to visitors.
  • Around 50% of the UK team are now back in the office, on a rotational basis, but the office remains closed to visitors for the time being.
  • The Dubai team continue to work from the office while adhering to government guidelines.
  • In Guernsey, the lockdown has finished and the business is operating as normal in the office.

Business as usual

Things are really starting to normalise in the locations where we are situated, and we hope it will stay that way in the future. In the meantime, we are well positioned for any further lockdowns that might occur.

All our staff remain vigilant in respect of potential fraud attempts – keeping our clients and their money safe from fraudsters who may be attempting to take advantage of the coronavirus pandemic. Our protect yourself from fraud page has advice on keeping your money safe from fraudsters

What does this mean for clients?

It is business as usual across our organisation. However, we encourage clients to use our mobile app or online banking service for payments, transfers and foreign exchange. This is the fastest and most secure way of transacting.

Clients can get in touch with their private bankers or relationship managers, in the usual way, by telephone, email, or Qwil chat. Alternatively, clients can contact our client services team by email on [email protected] or call +44 (0)1624 645000 between 8am and 8pm from Monday to Friday (except for UK bank holidays).

Nedbank Private Wealth’s overriding priority remains the health and safety of our staff, clients and communities while  protecting our clients, advise them with integrity, and making their lives easier.

If you would like to find out more about how we continue to operate, please contact your private banker or our client services’ team on +44 (0)1624 645000.

Become a client

Thank you for your interest in Nedbank Private Wealth. Please call us on +44 (0)1624 645000 or complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.  Please note: If you are an EU resident, we are unfortunately unable to offer our services to you at present.

Contact us

Please call us today on +44 (0)1624 645000. Our office hours are weekdays from 8am to 8pm (UK time), except for UK public holidays.

Or please complete and submit the below form and one of the team will get back to you as requested.

Start a conversation