Through this app any member can access their information at any time that they choose to do so.
Some of the features of the app are:
» Members can access a benefit statement at any time.
» Data is updated daily straight from Gallet’s administration system
» Document section which gives members, Trustees and company administrators access to Fund documents, some of which they are entitled to on request but are rarely issued due to printing costs such as the full rules of the Fund.
» Trustees have access to different documents such as full history of minutes of Trustee meetings and Annual Financial Statements.
» Graphs showing how the Fund’s various investments are performing also comparing to the JSE All Share Index and CPI
» The ability to change basic details such as name, home address, cell number etc.
» The ability to electronically record beneficiary nominations
» The ability to send investment switch requests dependant on if their particular Fund has investment choice
» JSE indices, Forex rates and spot data on a 15 minute delay from live
» Members can look up their entire history recorded with Gallet of:
» Salary history
» Contribution and Expense history
» Contribution Rates
» Investment Strategy
» Single premiums and voluntary contributions to the Fund
Gallet has managed to put together a vehicle that allows members unprecedented access to their retirement fund information. In addition, Gallet is so sure of the quality of its administration that we have no reticence to show each and every member their entire history online.
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