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An old man enjoys retirement playing chess with his toddler grandson.

FundsAtWork Investments and Savings

FundsAtWork helps to take care of your employees’ financial goals pre and post-retirement. Our investment philosophy optimises the probability of employees reaching their retirement savings goals.

We offer a wide range of investment portfolios to choose from.
Help your employees stay invested for maximum returns.
Choice of annuity options at retirement.

Find an adviser FundsAtWork (pdf)

Types of investment portfolios

The investment portfolios available in each product option are carefully selected and are Regulation 28 compliant. The main purpose of Regulation 28 of the Pension Fund Act is to protect your employees’ retirement savings by limiting the maximum exposure to more risky asset classes.

Employees also have the option to switch to investment portfolios of their choice, except for the FundsAtWork Core option.

Learn more about the list of available investment portfolios and the fund fact sheets.

Portfolios (pdf) Fund fact sheets

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Investment flexibility

Employees on Founder, Provider or Entrepreneur have the option to switch to investment portfolios of their choice. Core members' contributions are invested in an investment portfolio, and have no option to switch.

An older couple wearing white t-shirts and grey pants holding hands and jumping on their bed excitedly.

Annuities

Your employees want to feel secure knowing they have a regular income during retirement. We offer the full range of annuity solutions which can meet their different needs and requirements.

A mom hugs her young smiling daughter with eyes closed. They both are wearing yellow tops and have dark long hair.

Preservation

Many more South Africans will be able to retire financially independent or maintain their standard of living if they preserve their retirement savings when changing jobs. We help members to increase their probability of retiring comfortably with the Momentum Corporate Preservation Fund.

View brochure

Fund fact sheets

Fund fact sheets are monthly investment portfolio reports that show assets allocation, market performance and top holdings. We add new fund fact sheets every month to our resource centre for you to download.

Fund fact sheets

Our Smart Solutions guide employees to financial success

A lady wearing a denim shirt, glasses and a red hair band with earphones on, sits in a cafe with an open laptop in front of her.

SMART EXITS

Encourage employees to
preserve their retirement
savings when they resign

When an employee resigns, they can see the current value of their retirement savings and how much will be available at retirement if they preserve their money. They will also see how much tax they will pay if they take their retirement savings in cash. This way they become empowered to make better decisions and keep their savings invested.

View brochure (pdf)

Close up of a lady's hands holding a cell phone viewing her annuity options using FundsAtWork's Smart Retirement tool.

SMART RETIREMENTS

A user-friendly platform to
help your employees
understand their options at
retirement

It educates employees on the various annuity options available when they retire, and gives them the opportunity to see the impact of different decisions on their retirement. It’s aligned to the Fund's annuity strategy and supported by our Smart Counsel services.

View brochure (pdf)

Two women sitting at a table having a pleasent conversation with FundsAtwork documents on the table.

SMART COUNSEL

An innovative service
designed to encourage
choices that improve your
employees’ financial goals

Employees have access to a professional benefit counselling service to ensure they have the right information, at the right time, so that they can make the right decisions for their personal financial situation.

View brochure (pdf)

Want to know more?

What happens when an employee retires?

Your employee must buy an annuity with their retirement savings to provide them with a monthly income during retirement. As part of government’s retirement default regulations, all funds are required to have an annuity strategy in place. The trustees of the FundsAtWork Umbrella Funds have chosen the Golden Income With-Profit Annuity as their annuity strategy as it meets the needs of most pensioners. Employees can select this annuity option or any other annuity offered by Momentum.

What are my employees’ options when they change jobs?

They can cash out their retirement savings, keep their retirement savings in the Umbrella Fund when leaving their employer as paid-up members, or move their retirement savings to the Momentum Corporate Preservation Fund. Members are encouraged to preserve their retirement savings and should contact their financial adviser before making a decision.

How can my employees make sure they have enough money at retirement?

There are various ways employees can boost their retirement savings, such as increase their contribution rate, choose an investment portfolio that targets a higher return, keep their retirement savings invested when they change employers or make additional voluntary contributions.