Beneficiary Fund

Do you need help managing the benefits of deceased retirement fund members and employees?

This fund manages the investments of beneficiaries when a member of a pension, provident and risk-only fund dies.

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Is this for you?

The beneficiary fund accepts:

  • Approved retirement fund benefits: such as death benefits from retirement funds in terms of section 37C of the Pension Funds Act
  • Unapproved benefits: for example, employment-related group life insurance policies

Benefits

  • Cost-effective and practical solutions for distributing death benefits
  • Individually tailored and managed sub-accounts
  • Online platform with access to supermarket and wellness coupons
  • Counselling guardians and beneficiaries on social and financial issues in their home language