{"id":175887,"date":"2017-05-18T17:57:50","date_gmt":"2017-05-18T15:57:50","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=175887"},"modified":"2017-05-18T17:57:50","modified_gmt":"2017-05-18T15:57:50","slug":"investec-to-offer-life-insurance-to-clients","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/175887\/investec-to-offer-life-insurance-to-clients\/","title":{"rendered":"Investec to offer life insurance to clients"},"content":{"rendered":"<p>Investec, which operates in both South Africa and the UK, aims to move into offering life insurance to its clients.<\/p>\n<p>Reuters reported that the company, which focuses mainly on private banking and asset management, plans to offer life insurance from as early as the third quarter.<\/p>\n<p>\u201cI think it is a hole in our offering and it is something we think we can be pretty successful at,\u201d CEO Stephen Koseff said during the company\u2019s results presentation. \u201cWe have had a life insurance licence for decades but we never used it and we feel it\u2019s a very appropriate product to offer to our client base.\u201d<\/p>\n<p>The group reported a 17% rise in profit for the year ended March 2017, while adjusted earnings per share climbed to 48.3 pence from 41.3 pence a year earlier.<\/p>\n<p>Investec lifted its full-year dividend to 23 pence per share from 21 pence a year earlier.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/business\/175287\/investec-launches-office-on-demand-service-in-sa\/\" target=\"_blank\" rel=\"noopener noreferrer\">Investec launches office on demand service in SA<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investec, which operates in both South Africa and the UK, aims to move into offering life insurance to its clients.<\/p>\n","protected":false},"author":10,"featured_media":70113,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[25,1498],"class_list":["post-175887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-active","tag-investec"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/175887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=175887"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/175887\/revisions"}],"predecessor-version":[{"id":175889,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/175887\/revisions\/175889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/70113"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=175887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=175887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=175887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}