Retirement Funds for your employees

Employee Benefit solutions that encourage positive behaviour change to create a healthier and wealthier workforce

We offer tailored pension and provident retirement fund solutions under an umbrella fund arrangement that encourage employees to reach their retirement goals with unique rewards, benefits and digital engagement.

Our solutions drive healthy savings behaviour by motivating employees to save more, for longer, and manage their health and wellness. When they do this, we are able to reward their behaviour by adding boosts to their retirement savings.

Tailored solutions for unique needs

Our solutions can be tailored to the unique needs of your business. You can choose between a standard or customised package and employees make their own choices about retirement contributions and investment funds.

 

Rewarding employees' financial behaviour with boosts

We look beyond financial performance to maximise employees' retirement outcomes with boosts to their retirement saving. These boosts include up to:

 
 
 
 
Invest for longer and preserve

We reward employees for preserving and investing for longer by boosting existing retirement savings they move over to us by up to 15%.

 

 
 
 
 
Invest more

When employees manage their health and wellness through Vitality, we reward them by boosting all contributions by up to 15%.

 

 
 
 
 
Live well

For managing their health and wellness, Discovery Group Risk members can get up to 15% of their premiums back, which we'll double if they invest it in their retirement savings.

Digital capabilities that support behaviour change

We empower employees to make smarter financial decisions by allowing them to engage with us digitally.

 
 
 
 

Interactive digital dashboard

Our digital benefits dashboard helps employees set goals, understand their options and make choices that fit their individual circumstances.

Manage your investment

Employees can create personalised contribution plans to close their retirement savings gaps, through our increased savings-over-time feature. This feature allows them to automate contribution increases to align with their salary increases.

State-of-the-art administration and servicing

We offer digital support for installations and transfers, and simple onboarding processes.

For more information, download our

Integrate with Group Risk and get more rewards

Our Group Risk solutions offer comprehensive risk cover to protect your employees and their families against financial difficulty in the event of death, disability and severe illness, while rewarding them for getting healthier.

Selected benefits are underpinned by Vitality and Corporate Wellness, which allows employees to receive additional rewards and wellness benefits. This includes our payback benefit, which rewards employees for improved health when they integrate their Group Risk cover with other Discovery products, by paying up to 15% of their premiums back to them.

If you integrate Group Risk cover with Discovery Retirement Funds* your employees can get double this payback if they invest it in their retirement savings.

Contact Us

Speak to your financial adviser or contact us on 0860 222 999 or email retirementfunds@discovery.co.za

*Discovery Retirement Funds

Discovery Retirement Funds (the Fund) refer to the Discovery Life Pension Umbrella Fund and Discovery Life Provident Umbrella Fund. All boosts are offered through the insurer, Discovery Life Limited, and only apply to investments in qualifying Discovery funds if held until the retirement date. Early retirement, withdrawals or switches out of qualifying funds will impact the boosts. Discovery Life Limited, registration number 1966/003901/06, is a registered long-term insurer, and an authorised financial services and registered credit provider, NCR Reg No NCRCP3555. Discovery Health (Pty) Ltd, registration number 1997/013480/07, is an authorised financial services provider and administrator of medical schemes. Discovery Vitality (Pty) Ltd is an authorised financial services provider, registration number 1999/007736/07. Discovery Life Investment Services Pty (Ltd), registration number 2007/005969/07, branded as Discovery Invest, is an authorised financial services provider. Limits, product rules, terms and conditions apply.

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