Who

The RIA is driven by industry professional individuals who are passionate about making a positive contribution to the retirement fund industry. These individuals come from a variety of backgrounds and industry sectors, eg actuaries, administrators, auditors, asset managers, consultants, insurers, pension lawyers, principal officers, trustees, independent individuals or companies providing services to the retirement fund industry.

Why

A definite need was expressed by various industry players to network, share information and discuss topical issues from a neutral forum.

It has been explicitly expressed that the RIA does not aim to replace the role of any other existing industry body, but rather to complement their activities.

The benefit of the RIA to the industry lies in the collective involvement of different specialists - issues can be discussed from all angles and holistically resolved. A brilliant example of achievement is the tender template for administration services which can reduce the costs of the tender process by thousands of rands and set a uniform standard. Templates for other services are also envisaged.

Some of the participants in the RIA, especially the ones employed by service providers, are in some way in competition with one another, but with the spirit of comradeship, they aim to serve the industry by their knowledge, expertise and integrity - thus leaving a legacy of excellence.