Learn from Belinda Phillips, a consultant and independent principal officer, about NAMPAK’s transition from a standalone retirement fund to an umbrella fund. In this insightful video, Belinda explains the catalysts for this move, including the shrinking membership and high admin costs of the standalone fund. She also discusses the regulatory changes in the retirement fund industry and the benefits of outsourcing retirement fund management to organizations with expertise in the field.
For more in-depth information on standalone funds vs umbrella funds, check out Old Mutual’s article on the topic [here](https://www.oldmutual.co.za/corporate/resource-hub/all-articles/standalone-vs-umbrella-retirement-funds/).
The video also covers Belinda’s role in the transition process, including the factors considered in selecting the umbrella fund and the protection of NAMPAK and its employees’ interests. She provides valuable advice for employers considering a similar transition, urging them to carefully assess what’s best for their employees’ financial future.
If you’re interested in the intricacies of retirement fund management and the benefits of transitioning to an umbrella fund, watch the full video and gain valuable insights from Belinda’s expertise.
Remember to use the keywords/tags associated with the video: Old Mutual, Umbrella Funds, Retirement Funds to optimize for search engine results.
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