RFS
For the many...

Retirement Fund Solutions Namibia (Pty) Ltd: Exceptional group pension fund administration for larger companies and institutions. Click here >>

Benchtest - July 2008: In July the average prudential balanced portfolio returned minus 1.3% (June minus 4.57%). Best and worst performance for the month was delivered by Sanlam (0.14%) and Stanlib (minus 2.7%), respectively. For more performance figures and a contrarian preview of what we expect to happen over the next 12 months, click here>>

More RFS publications>> More news>>

Find out about Benchmark:
The Benchmark Retirement Fund is a highly flexible retirement investment product that provides a range of risk and return profiles for individuals and the funds of smaller organisations. Download the brochure for more information. Click here>> (PDF) And download a membership application, here>> (PDF)

Pensioner and deferred pensioner rules summaries:
Pension fund investors should note that revised rules are now in force. Investors in pension funds, download a PDF of the latest deferred pensioner rules summary, here>> And if you have already retired, download the most recent pensioner rules summary, here>>
Basis point - August 2008

The new Basis Point newsletter is split into four parts for your convenience.

  • In the first part, we take a look at new RFS staff and clients, and begin an examination of the new Financial Institutions bill. Click here>>

Watch this space for a continuation of analysis of the bill in next week

Retirement Fund Institute of Namibia

New: August 2008 - Find an update on latest developments concerning Regulation 28, the Financial Institutions and Markets Bill, here>>

For more information on RFIN's objectives and plans, download the RFIN Newsletter for December 2007, here>>

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Company news...

The kids are on the ball!
RFS recently sponsored a soccer tournament for children. Pictured above, Tilman Friedrich of RFS with the Namibia Youth Football Development Programme under-9 team. Inset: Tilman Friedrich with the runners up and winner of the fair play award, the SKW under-9 team.

Having problems printing the PDFs? Download the latest version of Acrobat Reader, here>>
(Note: this is a busy page and it may take a while to load.)

Find a short archive on Namibian pension fund legislation, here>>
Find out what our clients have to say about us, here>>
New posts on the RFS blog...

August 2008 - Life stage investing : Does it make sense? Certainly some sell it as the alpha and the omega of pension fund investment philosophy. Read a detailed exposition of the dangers of life stage investing and fixed annuities from itinews of 1 August 2008, here>>

June 2008 - The geopolitics of US$ 130 per barrel: We all know of course that oil is a limited and declining resource and therefore it is highly sensitive to speculation. But why should people be concerned about projected short supplies in 5 to 10 years’ time today? Many analysts believe that speculation is at the root of this problem of global proportions. Read more, here >>

Find more interesting articles and information pieces on the RFS blog, here>>

The Namibian Budget 2008/09
Hon. Minister Saara Kuugongelwa-Amadhila, tabled the budget for the coming fiscal year and a medium term expenditure framework for the next three fiscal years. Download the complete set of documentation, here>>
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Guidelines for Retirement
Pensioner Rules Summary
The Benchmark Retirement Fund
An overview for pensioners
MS Word document: Click here >>
Benchmark
For the few...
Benchmark Retirement Fund: High quality pension fund investments for high net worth individuals and smaller entities. Administered by Retirement Fund Solutions Click here >>
Sind Sie Fit Für Die Rente?
Eine umfassende Beleuchtung Ihrer Möglichkeiten wenn Sie in den Ruhestand treten möchten. Hier klicken >>
Deferred pensioner rules
Deferred Pensioner Rules Summary
The Benchmark Retirement Fund
An overview for members who wish to preserve their pension capital post retirement or on resignation
MS Word document: Click here >>
Forethought
Considerations for investment of capital
MS Word document: Click here >>
Knowledge
Fund performance, practice notes, links to fund websites, financial institutions, research organisations & the press. Click here >>
Benchtest Performance Survey

Benchtest June 2008: We have seen returns on typical prudential, balanced pension fund investment portfolios turning decidedly negative since November 2007, the average balanced portfolio wiping out more than the year-to-date return to end May with a return of minus 4.57% for June, to end up at minus 1.91% year-to-date! For more statistics and our views click and read the Benchtest Monthly Review to June 2008, here>>

Benchtest May 2008: Inflation picks up to 9.7% for the 12 months, while returns take a dip. May delivered only 0.92% for the month and 5.6% for the 12 months! What’s worse, higher inflation is here to stay for quite some time. High volatility in markets will remain for the time being. So what are the implications of this scenario for the investor? Read more here>>

Benchtest Manager Review - 1st quarter 2008: For the more investigative investor, the Benchtest Manager Review for the first quarter of 2008 is now available. In this edition we investigate the reasons for the performance differential between top performing Allan Gray’s 3.5% return and bottom of the log Sanlam’s minus 3.1% return for the quarter. For more information, click here>>

Social responsibility
Project Lilie: A unique project where private initiative supports education – is the hub of our social responsibility engagement. Read about it here >> Lesen Sie mehr, hier >>

Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing... those who put an investment program in place will have a lot more money when they come to retire than those who never get around to it. ~ Noel Whittaker

The content of this website may not be copied or reproduced and disseminated to other persons without the express written consent of the author thereof. Whilst we have taken all reasonable measures to ensure that the information reflected herein is correct, Benchmark Retirement Fund and Retirement Fund Solutions Namibia (Pty) Ltd do not accept any liability for the accuracy of the information and no reliance should be placed on, or decision taken upon the basis of, the information contained herein before having confirmed the relevant detail with the author or another appropriately qualified person.