Following the introduction of the Default Regulations in 2017, one of the requirements is for Funds to provide its members with Retirement Benefit Counselling no less than 3 months before normal retirement age. This is clearly stipulated under Regulation 39 (3) (e).

It further requires the members to be provided with Retirement Benefit Counselling before the benefit is paid to them or transferred as per Regulation 38 (2) (e).

Mohapi Group provides the following RBC services:

• Education on financial and retirement planning;

• Our program enables members to make informed financial decisions regarding retirement options;

• Pre-retirement counselling and understanding of pension, provident and retirement annuities;

• Tax implications and associated costs;

• Counselling on preservation funds and annuity options such as living annuities Vs. life annuities;

• Exit strategy from the fund for members via our entrepreneurship program for retirees

• Monthly progress reports.