What employer solutions are on offer?Umbrella or multi-employer funds are retirement funds to which multiple employers can belong. The benefit is that employers like you, simply ‘plug in’ to an existing administration and management platform that provides all of the components needed to provide retirement and risk benefits to your employees.
- It's a cost-effective retirement, group life cover and funeral benefits solution
- It is ideally suited to smaller businesses that are implementing employee benefits for the first time
- No fuss structure – an optimal contribution and benefit structure has already been developed for you by the experts
- A predetermined fee structure means what you see is what you get. It is the most inexpensive retirement and group life assurance solution for employees
- No medical underwriting required
- You get access to business loans through CABS
Old Mutual Premier Fund is an umbrella fund which offers retirement and group life assurance cover solutions to small- to medium-sized enterprises in a simple way, without the hassle of setting up their own retirement fund.
- Simple, easy to understand benefits structure.
- Exceptional value to employers and employees.
- Individual schemes may have different contribution rates.
- Affordable group life assurance cover.
- No medical underwriting.
A careful review is done of the available investment portfolios, including their risk profiles and fee structures, to see how well they meet member needs. Once these have been assessed, a decision is taken on which portfolio best serves the interests of members.
Retirement savings are invested in the Old Mutual Guaranteed Fund – a product that guarantees the capital and a portion of the investment bonuses declared which, despite market fluctuations, has consistently declared competitive bonuses.
You can call us on +263 242 308 400 or email us.