|| Our Products
Lion of Africa Admin Services (Pty) Ltd
Is 100% held subsidiary of Lion of Africa and Sponsor of the Twilight Umbrella Funds (Pension and Provident).
Our Administration capabilities focus on Defined Contribution and Defined Benefit schemes. We utilize the In.Pensions administration platform supplied by Bytes Software. In.Pensions is an Internet based system on which the Twilight funds are being administered. The system has many functions, to name a few; it can be used to extract reports, look up member data, produce benefit statements, produce investment statements as well as to pay claims.
Twilight Group Pension and Provident Funds explained in detail:
• Twilight Group Pension Fund.
– Retirement Saving, Risk Benefits & Administration (Linked to Payroll)
· Twilight Group Provident Fund
– Regimented saving program
– Immediate tax saving on total contribution
– Preferential tax treatment at retirement
– 1/3 rd Cash Payout Option
- Retirement Saving, Risk Benefits & Administration (Linked to Payroll)
- Regimented saving program
- Preferential tax treatment at retirement (incl. member contributions)
- Total cash payout option