Alexander Forbes Group Holdings Limited (AFH)

Overview

Alexander Forbes Group Holdings Limited, headquartered in Sandton, South Africa, is a leading financial services provider specializing in a comprehensive range of solutions aimed at both corporate clients and individuals. Founded in 1935, the company initially operated under the name Alexander Forbes Equity Holdings Proprietary Limited before rebranding to its current designation in June 2014. Its services span across employee benefits, retirement and healthcare consulting, investments, wealth management, and a suite of additional financial advisory and planning services.

Products and Services

For Individuals:

• Preservation Funds: Tailored solutions for retaining retirement benefits while switching employers or exiting the workforce.
• Unit Trusts: A varied selection of collective investment schemes, enabling diversified investment portfolios.
• Tax-free Saving Accounts: Accounts that offer tax benefits, promoting savings without incurring income, dividend, or capital gains taxes.
• Saving Plans: Flexible and structured plans designed to encourage and facilitate personal savings goals.
• Offshore Unit Trusts: Investment opportunities in markets outside of South Africa, providing global exposure and potential risk diversification.
• Wills and Estates Planning: Comprehensive services for estate planning to ensure orderly asset distribution and legacy preservation.
• Offshore Unit Trust Wrappers: Investment vehicles that offer tax and investment advantages for assets held outside South Africa.
• Unit Trust Consolidators: Solutions to merge and manage multiple unit trusts for streamlined oversight and strategic allocation.
• Retirement Navigators: Customized guidance and tools to plan and optimize retirement savings and income strategies.
• Living, Retirement, and Comprehensive Annuities: A range of annuity products providing steady income streams during retirement.

For Businesses:

• Retirement Consulting Services: Expert advisement on the design, implementation, and management of retirement plans to align with business goals and employee needs.
• Platform, Investment Consulting, and Multi-Management Services: Comprehensive investment management solutions including platform access, consulting, and oversight of multi-manager investments.
• Healthcare Consulting, Group Risk, and Administration Services: Services encompassing healthcare plan design, risk evaluation, and administrative support to optimize employee benefits.
• Umbrella Funds: Cost-effective, pooled investment vehicles designed for businesses to provide retirement savings plans to their employees.
• Employee Benefit Systems: Advanced platforms and systems to streamline the administration and management of employee benefits.

In addition to the above, Alexander Forbes Group Holdings Limited also extends its expertise via financial adviser and planning consulting services, thereby catering to a broad spectrum of client needs across different stages of life and business cycles.