About The Fund
Established in 1989 and managed by a professional, fully independent, Board of Trustees the Unicover Umbrella Retirement Funds provide a unique and customised platform for employers to offer their employees retirement savings benefits.
You have the choice of a Pension, or a Provident, Fund both of which are registered by the Financial Sector Conduct Authority and approved by the South African Revenue Services (SARS).
Administration
- Direct dealings with the Administrator ensure efficient and effective servicing
- Industry Leading turnaround times
- Accurate Member Level record keeping
- Backed by Evolution’s commitment to service excellence
Asset Management
- Access to a wide range of Investment Portfolios including South Africa’s leading Asset Managers
- Investments structured according to Participating Employers Mandate
- Ongoing investment Advice and Support
- Multiple Linkages available
Risk Providers
- Comprehensive Risk Cover available
- Competitive, Sustainable Risk Rates
- Group Life Assurance
- Capital Disability
- Disability Income Replacement
- Funeral Plans
- Living Assurance
- Underwritten by leading South African Life Assurance Companies
Fund Governance
- Unicover is governed by the Pension Funds Act and Income Tax Act
- Unicover is managed by a professional and independent board of trustees
- Employers and members are relieved of onerous trustee duties and responsibilities
- Employers are advised to form a Management Committee with member representation
- The Management Committee fulfils an advisory function looking after member and employer interests
- Evolution provides Advice and Support to Management Committee on all matters relating to the fund