Services

We offer the full spectrum of actuarial services. These services include the following:

Group Funds

The Actuary assists in ensuring that the Fund achieves its financial goals – whether in the form of maintaining a sufficient funding level in the case of Defined Benefit Funds, or ensuring that members achieve their individual retirement goals within Defined Contribution Funds. The Actuarial team also performs an important function in auditing the work of the administrator to ensure that all member data is correctly maintained.

The services offered by our Actuarial team include:

  • Annual or triennial actuarial valuations.
  • Calculating cost implications of benefit improvements.
  • Individual benefit calculations as required in terms of the Rules.
  • Transfer of assets during dissolutions and amalgamations.
  • Verification of agreements on members’ benefits on sale or purchase of companies.
  • Assessment and funding of post-retirement medical aid liabilities.
  • Actuarial research regarding products and systems.
  • Liquidation of Funds.
  • Surplus distribution and advice regarding the implications of surplus legislation.
Insurance Companies

We are approved statutory valuators for life assurance companies and assist such clients with product design and development.

We also provide Healthcare Actuarial services, Individual Actuarial Consulting and Actuarial advice to corporates.