The most valuable asset in any organisation is its human capital. It therefore makes sense for the employer to initiate the establishment of a retirement fund to cater for the future well-being of the employees when they retire. The tax deductibility of contributions, the tax free investment growth and the favourable tax treatment of benefits at retirement makes a retirement fund a highly tax-efficient savings vehicle. The Pension Fund Act also offers full protection against creditors during insolvency. Most modern funds also provide for untimely death and disablement as well as a funeral benefit for the immediate family members.
We will guide the employer in selecting the most appropriate investment portfolio(s).
We will ensure that members are fully informed of the benefit structure and investment performance. Members will receive a paper-based benefit statement at least once a year.
Once we have agreed to contribution levels and a benefit structure, we will call for quotations and prepare a report to the client with our recommendations. We pride ourselves to be totally independent without any conflict of interest.
We will continually keep the employer abreast of changes in developments and changes in legislation affecting retirement fund industry, the monitoring of service delivery of the contracted administrator of the fund and will meet with the employer on a regular basis in order to review all matters relating to the fund. We provide a personal service to all our clients. All our consulting staff have written and passed all regulatory examinations and hold the required qualifications as prescribed by the FSCA.
We provide the setting up of new funds or take over existing funds.