Every year, at its annual conference, the Institute of Retirement Funds (IRF) gives recognition to retirement funds that excel in the way that they communicate with their members.
The object of the competition, the Communication Challenge, is to promote better communication between retirement funds and their members.
The competition, which is sponsored by Personal Finance, also aims to provide constructive criticism to entrants and other funds to help them improve communication with their members.
This year the competition was again open to retirement funds that are not members of the IRF.
The competition categories are:
- Large funds (more than 3 000 members);
- Medium funds (501 to 3 000 members);
- Small funds (one to 500 members); and
- Umbrella funds.
All the winners
Large funds:
1.De Beers Pension Fund
2.Mineworkers' Provident Fund
3.Anglo Platinum Group Retirement Funds
Medium funds:
1.M Retirement Fund
2.Kumba Selector Pension & Provident Fund
3.Univen Retirement Fund
Small funds:
1.De Beers Retirement Fund
2.Deneys Reitz Retirement Plan
3.African Life Pension Fund
Umbrella funds:
1.Municipal Gratuity Fund
2.Cape Joint Pension Fund
3.Cape Joint Retirement Fund