The Verso Umbrella Retirement Provident Fund (Registration no. 12/8/37308), is a separate legal entity registered in terms of the Pension Funds Act 24 of 1956.

The Fund’s flexible design enables participating employers to appoint their own accredited employee benefit consultants, as well as preferred risk benefit underwriters. There are three investment options available to the participants of the Fund to choose from.

The Fund was established to address specific retirement funding needs of clients and prospective clients as a cost-effective umbrella fund option. The Fund is independently and professionally managed by their own Board of Trustees and independent Principal Officer.

Verso Benefits Administrator (Pty) Ltd provides the administration services and Verso Employee Benefits Consulting (Pty) Ltd provides consulting services to the Fund. These companies provide specialised administration and consulting services to some of South Africa’s largest companies, municipalities, and parastatals.