For their long-term support and dedication they should be able them to have a comfortable retirement. As most employees do not realise the importance of saving for this, the role and support of the employer becomes all the more relevant.
Pension FundThe objective of a pension fund is to provide employees of a company with a regular pension in retirement. Pension fund members can buy an annuity with at least two-thirds of their retirement fund at retirement; but there is an added incentive of tax deductibility for monthly premiums paid into a pension fund.
Provident FundThe objective of a provident fund is to provide employees with a lump sum benefit at retirement. A provident fund is thus more flexible, as employees can still purchase an annuity with their fund; take the full lump sum value at retirement or any combination in between.
Group Risk CoverProviding for risk events (e.g. death or disability) can be a costly exercise with a number of complexities and uncertainties, unless effectively managed. Our suite of cost-effective risk solutions to employers enables you to:
- Enhance employee benefit packages, which are an important component of the total offering when attracting new employees.
- Provide financial protection to employees and their dependents in the event of death or a long-term illness while still in service.
- Offer a disability and claims management and assessment capability that will assist employees to return to work once their rehabilitation is complete.
Wills & Trusts
Short Term Insurance
Contact us in Nelspruit.
22 Murray Street
013 752 6566
Contact us in Centurion.
1020 Pretorius Avenue
012 664 0793