The Retirement plans
South African employers can choose from two retirement fund options: Core and Distinction. The key differences between the two are the degree of tailoring, and the level of interaction with the Fedgroup team.
|Retirement Reform Compliant||Yes|
|Setup in 10 minutes||Yes|
|Employer Online Access||Yes|
|Member Online Access||Yes|
|Online Data Submission||Yes|
|Complimentary Will Service||Yes|
|Uncapped Risk Cover*||Yes|
A regulator cost recovery of R7.40 per member per month applies to all pension funds.
A regulator cost recovery of R4.10 per member per month applies to all provident funds.
*Subject to underwriting.