Contributed by Sophia Amoo-Chimunda
Benchmark Retirement Fund marks a significant milestone this year, 25 years of service. More than a celebration of growth, this anniversary reflects a journey built on relationships, values, and a long-term vision that has guided the Fund since its inception.
Founded in 2000 by RFS Fund Administrators, Benchmark has grown into one of Namibia’s leading privately administered umbrella retirement funds. From humble beginnings, small meetings around kitchen tables , the Fund now oversees assets exceeding N$10 billion. The anniversary was recently celebrated by staff and the board of trustees at the offices of RFS Fund Administrators.
As articulated by the Founder, Tilman Friedrich, our brand has, from the early days, been built on relationships and trust. Over time, the focus naturally shifted to our members, who today number just over 21,000 active members and pensioners. The dedication of our people has always given Benchmark its soul, and it is their commitment that continues to define us.
Benchmark’s resilience and steady growth are evident in its strong financial performance. The Fund delivered robust investment returns over the past year, ranging between 14% and 20% depending on the selected portfolio , well above inflation and reinforcing members’ long-term retirement security.
The Fund reaffirmed its vision and strategic priorities as it looks to the future. Its vision remains: a trusted Namibian retirement fund creating a dignified future. The Fund’s mission is to continue providing innovative and unique products; maintain the integrity of information; uphold the highest standards of good governance; remain customer-centric; build constructive and enduring relationships with stakeholders; and strive to optimize value for members.
Benchmark Retirement Fund also emphasises its core values of Integrity, Trust, Humility, Transparency, and Fairness, which guide decision-making at every level. Its strategic themes going forward are cohesion in the delivery of Benchmark’s mandate, optimal adaptation to the changing regulatory environment, and an improved customer experience.
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