Professionally managed
for you
Segregated Pension Funds are managed by licensed companies.
corporate managed fund
What is a Segregated Pension Fund?Segregated funds are professionally managed pension funds administered by companies licenced by the Reserve Bank of Malawi to be pension administrators. By definition, the investments of a Segregated Pension Fund are kept and managed separately from the general assets of pooled pension funds. Like a mutual/pool fund, investment returns are derived from an underlying basket of securities.
What's in it for you?

Under the Segregated Pension Fund, the following are the critical services that need to be performed/engaged:

  • Administration and Investment Services
  • Auditing and Accounting Services
  • Actuarial Services (whenever the fund requires an Actuarial opinion)
  • Property Management Services (where the Fund Assets include Property)
  • Bank Services, Legal Counsel and Custodian Services

*These functions are the responsibility of the Trustees

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How does it work?

Segregated Pension Fund arrangement also tends to immediately suffer from low growth at onset as they compete for investment opportunities. They however recover from this once the investment mandate is achieved (which could take some time depending on availability of investment opportunities).

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TALK TO USNeed more information? Please contact Old Mutual Malawi
Want to know more about Segregated Pension Fund?If you would like to know more we have answered a few questions you might have about the fund. For more info you can speak to a consultant by calling +265 (0) 1 820 677.
  • The investment spread is limited by the assets of the fund and can become a limiting criterion in achieving competitive investment performance. This is the reason the level of assets is a critical criterion in deciding to move to a segregated fund arrangement.

  • It must be emphasized that trustees are accountable to the members of the Fund and can be sued by members if their actions have prejudiced the member’s interests. This is usually mitigated by contracting other professionals to guide trustees. However, actions due to Trustee negligence or misconduct remain the liability of the Trustee.

    Notwithstanding the fact that the trustees have contracted other parties to provide these services, the responsibility to ensure that the fund continues to provide members with real growth of their capital, that the data management is dependable and of high integrity, that members obtain communication regularly and that the fund assets are secure, remains with the trustees.