Meritum Umbrella funds initiate strategic broker engagements

Established in 2004, Meritum Umbrella Funds are independent, autonomous and professionally managed retirement savings platforms that combine the flexibility and choice of stand-alone retirement funds with the cost and operational efficiency of umbrella fu

Unlike most other funds, Meritum’s independence allows for the appointment of service providers whose advice best serves the interests of members without bias or ulterior motive. The funds are not restricted to any one asset management house and risk benefits are placed with insurers on the basis of client preference, cost-effectiveness and financial soundness of the insurer. The funds’ structure is also tailored to each participating employer’s requirements at no additional cost.

Meritum’s distribution channels were previously limited to a small pool of consultants and brokers only but now address other consultants and brokers who share its vision of challenging the conventional umbrella fund concept in the market.

Clients who join either of the Funds are encouraged to retain their consultant, whilst those who do not have a consultant, or who choose not to be represented by a consultant, are accommodated according to their preferences.

“We have successfully reached an increasing number of potential clients through our growing broker network and these strategic engagements have allowed us to continue to increase our footprint within the South African retirement fund space”, said Gandy T. Gandidzanwa, the funds’ Executive Principal Officer.

“We believe the future of our retirement fund industry lies in umbrella funds that are designed with the core purpose of providing the best retirement benefit possible for each member. At Meritum, we are certain we have done just that”, said Gandidzanwa.

If you are a broker or consultant and would like to know more about the offering contact [email protected] or call (+27) 21943 1840, alternatively, visit http://www.meritumfunds.co.za/