SERVICES

Fund Administration

We administer a wide range of retirement fund types, including Defined Contribution Funds (DC), Defined Benefit (DB) funds and Hybrid Funds. Using sophisticated systems, proven processes and managed procedures we are able to administer funds ranging from those that provide for fund level (trustee driven and actuarially declared) investments to those where members are able to choose their own investments (individual member choice funds).

Funds are administered on a “dedicated team” basis, where each client is allocated a team of administrators who are led by an administration manager, who is the principal point of contact for any administration queries. We provide a quality service and offer a comprehensive range of products and services which include the following:

  •  Online access to our products portal, NBC-LAND;
  •  Electronic client interfaces for a range of data uploads;
  •  Fund accounting services including financial statements
  •  Full benefit payment services including automated SARS interfaces;
  •  Integrated reporting to all fund stakeholders including trustees, employer representatives and members;
  •  Cash-flow and administration reporting;
  •  Investment reporting;
  •  Online complaints reporting;
  •  Full range of member communication services;
  •  Management of all disaster recovery services;
  •  Reporting to South African Reserve Bank;
  •  Pensioner administration and pensioner payroll payments;
  •  Management and administration of unclaimed benefits;
  •  Document management services.
Fund Administration Systems Design and Implementation :
We offer systems design, development and implementation for retirement funds and insurance schemes. We also provide advisory services as regards the management and audit of the administration systems