6 Principles for reviewing your retirement fund costs:

  1. You should understand the different services that carry fees across the value chain;

  2. You should understand who the different service providers are to whom fees are paid;

  3. You should compare different cost items on its own merit, but ensure that all cost items are transparently quoted (be careful of hidden costs);

  4. When more than one service item is delivered by the same service provider be careful of cross subsidization;

  5. Administration operations should not be charged on an asset based fee, as growth in assets which drives fee increases is not impacting the effort spent on the administrative tasks;

  6. Always aggregate all fees and express as a cost per member per month to ensure that you review the fees in context.


Compare this to what you have in place, OR implement this facility for your employees' well being.


Click                to calculate the total value chain costs per service provider.

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Click             complete and send back via e-mail to:   crystalr@iretire.co.za

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Acravest (Pty) Ltd Reg No. 2005/013470/07  is an Approved Pension Fund Administrator under Section 13B of the Pension Funds Act (License Number 24/424) and is a registered Financial Services Provider (FSP 43176) The information and opinions contained in this document are recorded and expressed in good faith and is reliant on sources believed to be reliable. However, no representation, warranty, undertaking or guarantee of whatever nature is made or given concerning the accuracy and / or completeness of such information and/or the correctness of such opinions. Any investment is speculative and involves significant risks and in making any investment decision, you will rely solely on your own review and examination of the facts and the records relating to such investment. Past performance of the investment is not an indication of the future performance. Acravest shall have no liability of whatever nature in respect of any claim, damages, loss or expense arising out of or in connection with the reliance by you, on the contents of this document.