In this insightful video, Belinda Phillips, a consultant and Independent Principal Officer, shares the experience of packaging giant Nampak in moving its standalone retirement fund to the Old Mutual SuperFund. Belinda explains why this move was in the best interests of the fund members and provides valuable insights into the process and outcomes.
Throughout the video, Belinda answers key questions such as why Nampak chose the Old Mutual SuperFund, the process Nampak used to select the fund, the experience of the transfer, and what stood out about the fund. She also delves into the governance processes, the experience since moving into the Old Mutual SuperFund, and why she recommends other employers to consider this transition.
For those seeking more in-depth knowledge about standalone funds versus umbrella funds, Old Mutual provides an informative article on the topic, which can be found [here](https://www.oldmutual.co.za/corporate/resource-hub/all-articles/standalone-vs-umbrella-retirement-funds).
This video is a valuable resource for anyone interested in understanding the benefits and considerations of moving from a standalone retirement fund to an umbrella fund, especially in the context of Nampak’s transition to the Old Mutual SuperFund. With insights from a trusted consultant and Principal Officer, this video offers unique and practical knowledge about retirement funds and the reasons behind Nampak’s decision.
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