Services
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Section 37C Investigation and Distribution of Death Benefits
Bonolo assists Board of Trustees of any financial Institutions, Bargaining Councils, Law Firms and or any institution with records on their inventories that requires tracing of beneficiaries. We also use qualified investigators to assist with the investigations. The advantage to the Fund is that there will be no need to manage this process. The recommendations are forwarded to the Trustees for distribution of the death benefit in according to the decease wishes and recommendations from the investigator.
Fund Accounting & Statutory Reporting
Annual financial statements are produced timeously and accurately and various reports are provided to all stakeholders. Bank accounts are reconciled weekly and general ledger accounts are reconciled monthly. We also provide Service-level monitoring.
Retirement Fund Administration
Retirement fund administration goes beyond reconciling monthly contributions and paying out benefits. For us, it is about making a difference in the lives of our clients, treating their retirement savings with deserved respect while efficiently managing all processes within the administration space.
Data Capturing & Info Syncing
Data capturing of electronic and hard copy member documents and beneficiaries. Accounting records are kept updated with the various transactions that take place in a fund and provide the fund with updated information of member records.
Unclaimed Fund Administration
We are able to administer unclaimed funds for you and trace beneficiaries physically and electronically in all provinces and outside the country.
Member/ Employee Cash Management
Member/ employer education is crucial to business. Bonolo Benefit Administrators has experience in identifying the needs of the funds or companies and implementing these in terms of their requirements. We incorporate factors like timelines and budgetary requirements.
Disability Management
Bonolo Benefit Administrators has experience in identifying the needs of the funds or companies and implementing these in terms of their requirements. Recommend to the trustees on how total benefit amounts should be distributed with regards to beneficiaries involved.
Withdrawal Claims
We help you process all claims. Our administration model provides for flexibility and stability within our database. Our team takes care of every aspect of fund administration from member communication.
Data Cleansing
Optimise your data integrity with Bonolo's Data Cleansing service. We meticulously refine your datasets, removing duplicates and updating outdated information. Empower your organisation with reliable data for informed decision-making.
ELEVATE YOUR BENEFIT MANAGEMENT
Contact us today and start maximising your employee benefits!
