• This solution, also known as a settlement, involves voluntary settlements made to current and/or future pensioners. We provide full communication and assistance to members who take the settlement, as part of the implementation of the solution.

• Companies and Institutions who wish to remove the post-retirement medical aid liability from their balance sheet.

Removes a client’s exposure to all risks it is currently exposed to.

Conducted via voluntary settlement offers essentially replacing the current contractual obligation with an alternate benefit.

The offer is customised to ensure fairness taking into account available resources of the client.

We conduct all consulting to the client, communication of any offers and implementation of any solution.

• This solution involves the structured funding of the liability via a product that meets plan asset criteria.

• Companies and Institutions who wish to fund the liability via a plan asset structure thus ensuring transfer of risk, structured build-up of assets to meet the future obligation and if required, a structured means to fund a future buy-out.

Meets IAS19 definition of plan asset.

Tax efficiency.

Significant risk transfer with respect to mortality, investment and reduction in administration burden.

Flexible funding into the structure.

Positive accounting reflection.

Seamless and low cost setup.