Frequently Asked Questions
An umbrella fund is a pension fund in which multiple and unrelated employers may join as opposed to a single fund established for one employer only (that is a stand alone fund). Apart from the retirement or pension part of the fund, additional insured benefits can be added as part of the package.
Why does my business need an umbrella fund?
1. Focus on your business or organisation and allow our experienced and skilled trustees to worry about the retirement of your employees.
2. Participating employers, whether small or large, get traditional big company benefits without the hassle of setting up their own retirement fund.
3. As an employer, you do not have to give up interaction with your employees. Employees are provided with accurate and up-to-date product information and communication needs are planned.
Give your employees peace of mind with life and funeral insurance benefits.
Contact us to find out how the JM BUSHA Africa Umbrella Pension Fund can assist your small to medium business and help your employees with their retirement journey.