Since Brefco’s inception in 1996, its outstanding track record is that of integrity, reliability and deliverability with the attitude to always look after the very best interest of its members, trustees and employers. Brefco is a truly independent benefit administrator and is registered in terms of Section 13B of the Pension Funds Act. Brefco administers a number of funds and inter alia includes u
mbrella funds, union funds, employer funds, and preservation funds on a very cost effective basis. Brefco developed an internal administration system utilising the many years of experience and skills of the senior directors previously employed by highly recognized administrators in the industry. The system based on all the intellectual capital invested is a very important asset. The administration system calculates comprehensive benefits and allows multiple investment choices. Membership data provided to various actuaries for triennial valuations and to the auditors for the annual audit have attracted compliments for Brefco on the standard of the data provided. These high standards of the administration resulted in effective audits and cost saving to the members of the Funds. Brefco (Pty) Ltd facilitates an effective administration service that is client (employer and employee) focused. Brefco sees that it is part of its unwritten responsibilities to ensure that the fund relies on independent services, but with close interaction between the role players.
