Default Regulations

The fund has identified solutions to meet the requirements of the default regulations. The arrangements are monitored and may change over time.

The fund has arranged with Sygnia to offer the Sygnia Preservation Pension and Provident Funds to members at preferential rates (50% discount on standard pricing). Members that are invested in the SmartAssets portfolios can keep the same investment portfolios at the same institutional pricing.

The fund has arranged with Sygnia to offer the Sygnia ForLife Annuity to members. This option allows members to access a living annuity and slowly over time phase into a guaranteed pension. This gives members flexibility and income security in retirement. The members can choose to only access the living annuity or only the guaranteed pension in consultation with a financial adviser.