Rooted in employee benefits solutions An Authorised Financial Services Provider Targeted benefits Default benefit strategy Guided member support
Rooted in employee benefits solutions An Authorised Financial Services Provider Horsepower What is the horsepower of your fund?
Rooted in employee benefits solutions An Authorised Financial Services Provider NRRC AND COST COMPARISON REPORT horsepower report
FUND MANAGEMENT FEE ASSET MANAGEMENT FEE administration fee / minimum fees / annual fees / transaction fees / asset based administration fees actuarial fees CONSULTING FEES OPERATIONAL COSTS contingency reserve fee
Rooted in employee benefits solutions An Authorised Financial Services Provider COST OF LARGE STAND-ALONE VS. UMBRELLA FUNDS
Rooted in employee benefits solutions An Authorised Financial Services Provider FEES PAYABLE BY MEMBERS
Rooted in employee benefits solutions An Authorised Financial Services Provider FEES PAYABLE BY MEMBERS salary p.m. fund credit fund management fee asset based admin fee asset management fees total monthly charges contingency reserve % of salary p.m. fund credit fund management fee asset based admin fee asset management fees total monthly charges contingency reserve % of salary
Rooted in employee benefits solutions An Authorised Financial Services Provider FUND MANAGEMENT COSTS LEVIED AS % OF SALARY
Rooted in employee benefits solutions An Authorised Financial Services Provider FUND MANAGEMENT COSTS LEVIED AS % OF SALARY
Rooted in employee benefits solutions An Authorised Financial Services Provider NET REPLACEMENT RATIO
Rooted in employee benefits solutions An Authorised Financial Services Provider NET REPLACEMENT RATIO
Rooted in employee benefits solutions An Authorised Financial Services Provider STAND-ALONE VERSUS UMBRELLA
Rooted in employee benefits solutions An Authorised Financial Services Provider STAND-ALONE VERSUS UMBRELLA
Rooted in employee benefits solutions An Authorised Financial Services Provider Defined Contribution Funds FLAWED?
Rooted in employee benefits solutions An Authorised Financial Services Provider INCREASE PENSIONS PAYABLE introduce synergies institutionally priced defaults seamless transfers DECREASE COSTS remove inefficiencies retail elements that does not serve members
Rooted in employee benefits solutions An Authorised Financial Services Provider PRESERVATION need legislative framework to facilitate these national priorities
Rooted in employee benefits solutions An Authorised Financial Services Provider COST EFFICIENCY = KEY CRITERIA stakeholders need to honour and respect this new legislation assessed - cost benefit analysis
Rooted in employee benefits solutions An Authorised Financial Services Provider Should someone not be responsible … ?
Rooted in employee benefits solutions An Authorised Financial Services Provider EMPLOYERS RECLAIM LEADERSHIP POSITION : UMBRELLA OR STAND-ALONE
Rooted in employee benefits solutions An Authorised Financial Services Provider HOW EFFICIENT IS MY FUND? DOES IT GIVE MEMBERS THE INSIDE TRACK TO A DIGNIFIED RETIREMENT?
Thank you
Making retirement savings “profitable” Kobus Hanekom