top of page
_edited.png)
Risk Consulting Advisory Services
Expert Guidance
The South African retirement fund industry plays a pivotal role in the South African economy and is a complex and sensitive topic. The industry has been influenced by risk models and mortality tables that do not satisfactorily embrace the diversity of South Africa.
As our South African economy is made up of an amalgamation of various categories of employers and employees, where large differences of income are apparent, we are faced with the challenge of deficient retirement funding and generic risk offerings.
Many South Africans are faced with the task of finding the balance between having a sufficient cash flow for day-to-day living expenses, and having adequate savings to provide for risk, retirement and healthcare needs.
Risk premiums and strategies are set and managed annually, so as not erode future retirement savings. Premiums are paid to cover the probability of death. If this occurs, do your members have sufficient cover? What legacy will your members leave behind?
Our responsibility is to have a clear understanding of the legacy risks that affect our members, and our collective mission is to transform and recognize the special nature of our members.
Our comprehensive Risk Management Solution includes but is not limited to the following services:
To source and secure the most suitable risk benefit arrangements whilst ensuring the terms and conditions are appropriate for all stakeholders.
Regularly monitor the rates and claim trends to determine sustainability and suitability of rates.
Develop and implement short-, medium- and long-term risk strategies.
Conduct a comprehensive annual risk market comparison, including a review of the rates, terms, conditions, underwriting and supporting operational processes.
bottom of page