Abdur-Rehman Mangera, Head of Group Benefits, Bryte Life In difficult economic times, companies are under pressure to do more with less – and managing pension funds and particularly risk benefits; is no exception. Many companies gravitate towards group risk benefits...
Employee Benefits
Prevention is better than cure, best insure
Since its outset, life insurance and group risk has been centred on the need to ensure that you, as individuals and businesses, are protected “in the event of x”. Should a member of staff experience an unforeseen medical scenario – such as a mental or severe illness...
Suggestions to be wary of in South Africa’s retirement Industry
Eugen Rehbock, Executive Consultant - Efficient Benefit ConsultingIn recent months, some financial service providers to retirement funds (commercial umbrella funds) have suggested to participating employers that employee benefits consultants are not needed and that a...
Effortless meeting minutes using AI
Zeldeen Muller, CEO, AgendaWorx, Board PortalsThe role of the fund secretariat has always been multifaceted, demanding exceptional organisational skills and the ability to capture and document crucial information accurately. One crucial aspect of their...
Taking a cue from corporates on how to safeguard and future-fit our retirement funds
Carina Wessels, Executive: Governance, Legal, Compliance and Sustainability, Alexforbes Taking a cue fromcorporates on how to safeguard and future-fit our retirement funds It has been a while since the King IV Report on Corporate Governance for South Africa...
Are We There Yet?
Stephan Walker Chairperson of the Retirement Matters Committee of the Actuarial Society of South Africa. In mid-December 2021,National Treasury released discussion document concerning planned and possible changes to South African retirement funds. There has been a lot...
Beneficiary funds –supporting the guardian or caregiver rather than disempowering them
David Hurford, Chief Executive OfficerFairheads Benefit Services Beneficiary funds – supporting the guardian or caregiver rather than disempowering themThe Office of the Pension Funds Adjudicator (PFA) has recently highlighted that a Board of Trustees must have cogent...
Retirement funds must avoid these advice potholes
A retirement fund appoints a combination of service providers and the employee benefits consultant and the asset or investment consultant fulfil the key advice roles. It is important for trustees to carefully consider the roles and responsibilities and what they...
Cyber security – what the board of trustees needs to know
The vast majority of business transactions and the storage of data are done on digital platforms. In respect of retirement funds, key functions such as the maintenance of a members' individual records, monthly updates of contributions, investments/disinvestments and...
Ensuring success in 2023 and beyond by partnering with the right insurance adviser
Ensuring success in 2023 and beyondby partnering with the rightinsurance adviserChris Grieve, Executive Head: Broker Distribution, Bryte Insurance The impact that insurance brokers and advisers can have on business continuity has increased dramatically over the...
