Benchmark announces 2015 results to members

The Benchmark Retirement Fund conducted its 7th annual member meeting at Safari Hotel on 21 July.

At this occasion the Principal Officer, Kai Friedrich (above) gave an overview of the key financial statistics of the fund as at 31 December 2015. Investments held by the Fund's members grew by N$345 million during the 2015 financial year, and the Fund had assets of N$1,963 billion under management for more than 8,800 members.

Günter Pfeifer, Director Operations of the fund presented recent changes to the rules of the fund that introduced new products into the fund.

Download the presentation here...
Download the 2015 Annual Report here...

The fund now caters for:

  • Large funds that want to retain their stand-alone benefit and contribution structure while giving up their status as separate legal entity in the face of every increasing governance requirements;
  • Medium to large employer groups who take comfort in a standard benefit structure at low cost;
  • Small employer groups not catered for in conventional arrangements;
  • Members who want to preserve their benefit upon resignation from their employer;
  • Members who have reached retirement and want to arrange a pension;
  • Beneficiaries of death benefits who need to arrange an annuity –
  • ...and for those who want to be part of a fund with an exceptional reputation for unequalled service levels, offering low cost access to reputable, popular pension fund investment managers, monitored by professional trustees, supported by expert investment consultants.

For enquiries on any of these unique Namibian products, email {modal url=https://www.rfsol.com.na/contact?et=19|width=530|height=460}Günter Pfeifer{/modal} or {modal url=https://www.rfsol.com.na/contact?et=22|width=530|height=460}Hannes van Tonder{/modal} or call either on tel 061 231 590 if this is a matter you are currently grappling with.

At the same event, Chris Tisdall of Allan Gray (above) gave an illuminating insight into the future of financial services with his talk on ‘Technology Disruption – A case for hope and caution for long-term investors’. Download the presentation here...