Services

Retirement Fund Solutions & Client Services

Stand-Alone Or Umbrella Solutions
3rd Party Administration
Comprehensive Benefit Structures
Integrated Administration System
Management Of Multiple Benefits, Pay-Points And Collections
Investment Risk Profiling And Benefit Design
Comprehensive Human Resources Support
Service Level Managed Worldlow And Escalations
Member Education And Support

We attribute successful retirement fund administration to:

STRONG ADMINISTRATIVE SUPPORT

STRONG MEMBER SUPPORT

COMPLIANCE SUPPORT

Compliance support - we ensure that the fund and Its trustee & meet all the statutory and fiduciary obligations required. We provide monthly administration reports that detail service statistics and compliance with clients' service level contracts. We maintain that it's the effective coordination of these three components that form the foundation of effective retirement fund administration. What's more, as a completely independent and Impartial service provider.

Arain Solutions Group is well placed to supply advice regarding the appropriateness of benefit structures, either to the fund consultant or to the client directly.

Credit Life

Credit life insurance is a life insurance policy designed to pay off a borrower's debt if that borrower dies. The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value Credit life Insurance can protect a person`s dependents. It may also be required by some lenders; a solution which has arisen out of the dire situation South African's find themselves in. Debt has forced the advent of Credit Life; ASO is exceptionally positioned to provide this solution to our clients.

Asset Management

A multitude of funds, developed by the best minds in the country, at the disposal of the client.

Group Life & Disability Insurance

Customised Solutions
Own Risk Administration
Market Leading Service Delivery
Unapproved Or Approved Structures
Risk Assessment And Benefit Design
Independent Annual Market Test
Active Claims Management
Claims And Management

Administration of group life and disability benefits Is measured to a large degree in the ability of an administrator to exceed claim payment expectations. We are proud of our track record In this regard with our Industry-leading claim payment turnaround levels.

We attribute our success largely to our comprehensive risk administration platform which:

Monitors each step of the claim process to expedite claim payments;
Automates process workflow, which frees manual interface to focus on the quality aspects of claim service delivery;
Facilitates rapid claim handling, as the underwriters' rules are built into our system;
Real-time tracking and accountability via an automated audit trail.

It's important to note that because we perform the administration function for group risk solutions, we can also source components of the group risk benefits from various suppliers to meet our client's requirements. In other words we can provide multiple group risk solutions with the convenience of a single point of contact for administration.

Mine Rehabilitation

Mine rehabilitation is the restoration of the post-mined landscape to the Intended post-mining land use. Mine completion is the goal of mine closure. A completed mine has reached a state where mining lease ownership can be relinquished and responsibility accepted by the next land user.

An essential part of a mine's initial steps is to ensure that such a guarantee is in place. Without which no operation can take place. ASG provides such a solution to our Mining clients, allowing the platform for land rehabilitation.

Commercial Insurance

Commercial lines Insurance include products such as: commercial auto Insurance, workers compensation insurance, federal flood insurance, aircraft insurance, ocean marine insurance and medical malpractice insurance.

Commercial lines protect businesses against potentially devastating financial losses caused by accidents, lawsuits, natural disasters and other adverse events.

ASG has a comprehensive Commercial Insurance product offering providing any level of cover within a multitude of industries.

Risk Management System

PURPOSE

Arain Solutions Group now offer client's access to a Health Management System that can transform your Payroll into a powerful Executive Dashboard at the click of a button. The purpose of the benefit Is to track the Health Risk Profile of your staff as per Industry norms. If your company has a Provident or Pension Fund this could translate In lower Risk premiums and more Benefits for your employees. The relevant information required by your Fund Administrator Is automatically created by the system allowing the Fund Administrator to negotiate more favourable terms on your behalf with the relevant Insurers.

Furthermore, the system was developed with the purpose of generating high-level attendance Graphs and Reports that enable senior management to manage their human capital more effectively. The system tracks performance on all major Attendance indicators, and presents the Information In a visually effective format well suited for Board Reporting and Performance Management.

IMPLEMENTATION

The Risk Management System does not require any paperwork or Administration. You simply export the information from your Payroll system to us and your Attendance Report is available on the next business day. There is also no requirement in terms of Installation although we do provide Training and Support on the system. The export is also used to create an employee risk profile which we administer on your behalf.

BENEFITS

Lower Risk premiums and increased Provident/Pension Fund Benefits
Executive Attendance dashboard
Paperless and centralised data repository of all Attendance Information
Manage Attendance indicators pro-actively as per identified trends and patterns
Benchmark your Attendance Results with industry norms
No Administration and instant Reporting

Financial Planning

INDIVIDUALS, INVESTMENT AND FINANCIAL PLANNING

We consult and advise on:

Retirement planning
Investment planning — local and offshore investment advice
Portfolio monitoring and review
Estate planning and advice
Retrenchment planning
Life and disability risk management and advice
Short term insurance
Medical aids / Hospital plans

BUSINESS FINANCIAL PLANNING