A Distinctive Offering
The singular purpose of unclaimed benefit funds is to find their members or beneficiaries and pay out the benefit, while limiting the associated costs in the process. As such, Fedgroup’s industry-leading Distinction Unclaimed Benefit Fund features innovative administration technology to locate and pay beneficiaries in the most efficient manner.
Preservation Funds aim to:
Protect and preserve the benefits of its unclaimed members
Provide a competitive rate of real return to minimise the effect of inflation, and maximise a member’s benefits, taking into account appropriate and acceptable risk levels, taxation and costs
Ensure that fund assets are available to meet the liabilities of the fund
Comply with all aspects of regulation
Ensure that benefits reach those for whom they were intended