Before making a choice of pension investment administrators and / or vehicle, consider the following characteristics of the Benchmark Retirement Fund:
- The member can choose the investment portfolio(s) based on his / her own risk profile.
- The member can diversify his / her investment risk by utilising more than one investment portfolio. Up to five portfolios can be selected.
- Minimum lump sum contributions are N$50,000 while minimum recurring monthly contribution is N$1,150.
- Fees are competitive.
- The Fund provides access to some investments that may not be available to the retail investor.
- The member gains access to most registered portfolio managers in the Namibian market.
- Investment structures are transparent and not complex.
- Members may switch between investment portfolios.
- A registered broker can assist in making investment decisions.
- The Fund can accept regular contributions to top-up the member’s retirement investment. However, unless such contribution can be channeled through the employer they are not tax deductible for the member.
- Capital can be withdrawn (either partially or in full) in the first 3 years.
- The member can use a portion of his / her investment when buying a home (subject to terms of the Pension Funds Act).
Additional convenience for members
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Regular feedback
Benefit statements can be accessed via the internet.
A monthly performance review reflects returns of the investment managers.
A quarterly investment report assists you to review your investment arrangement. -
Professional administration & management
Benchmark is administered by experienced specialists employed by Retirement Fund Solutions Namibia.
Benchmark has a track record of nearly 20 years.
Housing loan administration.