Types of benefits
What kind of benefits can be paid into the AFBF
Approved retirement fund benefits: death benefits from retirement funds in terms of section 37C of the Pension Funds Act. Death benefits are payments made from a retirement fund policy or employment-related insurance policy to a deceased employee’s beneficiaries. Unapproved benefits: for example, employment-related group life insurance policies.
Governance
Employer benefits
What does the employer get if they choose the AFBF
If you, as an employer, choose the Alexander Forbes Beneficiary Fund, you’ll get: cost-effective, efficient and practical solutions for distributing death benefits to beneficiaries, a professional board of trustees who run the fund according to the rules of the fund and in the beneficiaries’ best interests, no fee differentiation, economies of scale – lower costs because of our size, an individually managed sub-account, a Regulation 28 compliant lifestage model for the investment of funds, regular communication, AlexForbes Rewards: a digital mall offering valuable savings on everyday goods.
Contact us
Alxander Forbes Beneficiary Fund
Email: afbf@alexforbes.com
________________________________________
The Alxander Forbes Trust
Email aft@fairheads.com
________________________________________
Gregory Makhanda
Senior New Business Consultant
Telephone: +27 (0)11 269 0180
Cellphone: 079 417 3386
Email: makhandag@alexforbes.com
Nommangaliso Phalwane
Product Specialist
Telephone: +27 (0)11 269 0380
Cellphone: 083 453 7013
Email: phalwanen@aforbes.com