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What is SuperFund Choice?
- An appealing employee benefits offering to help attract and retain the best talent.
- Excellent flexibility within a range of pre-determined investment and risk benefit offerings.
- A level of choice within trustee-defined offerings.
- Affordability and ease of implementation.
- A range of compelling value-adding features for you and your employees.
_(1).png "What’s in it for you?")
SuperFund Choice offers excellent flexibility with a range of pre-determined offerings which includes retirement benefits, risk benefits and value added services.
A trustee designed set of retirement investment options.
A default investment option (choose between):
- Lifestage investment - a selection of smoothed or market-linked investments into which employees are automatically switched as they progress towards retirement.
- Old Mutual Albaraka investment which aims to offer investors an ethical investment that provides steady, long-term capital growth, as well as a moderate level of income via a portfolio that diversifies across asset classes and regional exposure.
PLUS if your business employs more than 50 staff members or has a total payroll of more than R250 000 per month, you also have the following investment options:
Strategy or Extended investment packages
- Strategy investment package - a selection of Old Mutual managed investment funds that can be combined to suit the individual investment strategy of each member.
- Extended investment package - a wide selection of single and multi-managed investment funds including, but not limited to those managed by Old Mutual.
_(2).png "Investments")
- Group Life Assurance and Accidental Death Benefit - cover to help surviving loved ones secure their financial futures if the member passes.
- Lump Sum Disability Cover - covers individuals who may suffer an event that leads to permanent disability.
- Group Income Protection Cover (GIP) - a monthly income paid to a member who becomes totally disabled and unable to work.
- Temporary Income Protection Cover (TIP) - a monthly income paid to a member who becomes temporarily disabled and unable to work.
- Lifestyle Cover - vital insurance cover that pays out in the event of cancer, heart attack, stroke, paralysis, or permanent loss of hearing, sight, or limbs.
- Family Cover - a cover to help the member or his or her immediate family members in the event of a death in the immediate family.
A choice of integrated risk benefit options from Old Mutual.
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- AskNelson Access for free and confidential emotional counselling, financial coaching, and legal support for all SuperFund members. Read FAQs for more info.
- SuperFund Preserver for easy retirement savings preservation
- SuperFund Solutions at Retirement for trustee-endorsed annuity solutions
- Member support services for free decision support during key life events
- Financial Wellbeing Programme offers valuable financial education via workshops or online modules
- Funeral Support, HR911* phone support, Cash4Loved Ones*, Travelling nurses*, and Pension-backed home loans* - all available if risk benefits are insured by Old Mutual.
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Have more SuperFund Choice questions? We've got answersWant to know what choices are on offer from SuperFund Choice, then give one of our Corporate Consultants a call.
Our Corporate Consultants will help you choose the best package for your business and employees.
Not at all. By keeping the choices to a standardised set of options, you get to keep costs down without sacrificing flexibility.
We've had a fair amount of experience creating, implementing and refining our employee benefit products to ensure we deliver the right solutions for you and your employees.
Plenty! Your employees can access professional financial advisers, the Old Mutual Financial Wellbeing Programme which helps sharpen their financial skills in a fun and information way, funeral support services and many more.