ARGEN provides full actuarial services to a large number of retirement funds and umbrella funds
Our retirement fund clients together total more than 400 000 in membership with assets in excess of R100 billion.
Some of our larger clients include the Sasol Pension Fund, the South African Local Authorities Pension Fund, the Altron Group Pension Fund and the FundsAtWork Umbrella Funds.
ARGEN also provides ad hoc actuarial services to employers and retirement funds
Larger clients who have made use of our services include BHP Billiton, Illovo Sugar, Sappi, Transnet, Old Mutual Actuaries and Consultants, Absa, AON Hewitt, Momentum, Metropolitan Employee Benefits, Sanlam, FedGroup, Tennant Life Benefits, as well as AfriSam Cement, Deloitte, Samancor Chrome, Mercantile Bank, Zurich Insurance, Everite Building Products and Momentum Insurance.
ARGEN carries out valuations of company liabilities in respect of post-employment benefits under International Accounting Standards 19 (IAS19)
These valuations include retirement fund obligations, post-retirement medical aid subsidy obligations, severance pay obligations and deferred compensation plans to clients like AVI, Sasol, Rhodes University, Lanxess, the Estate Agency Affairs Board and Robert Bosch.
ARGEN is a leader in assisting companies and their risk committees with managing their enterprise risks
ARGEN is one of only two companies in South Africa which provides actuarial advice to clients on enterprise risk management. We assist larger clients individually and run enterprise risk management workshops for smaller clients.
We are experienced in providing services to large public sector or industry schemes
These include the South African Local Authorities Pension Fund, the Diamond Cutting Industries Pension Fund and the Natal Joint Municipal Funds. In Tanzania, we performed valuations on the Government Employees Pension Fund, the Local Authorities Pension Fund, the National Social Security Fund, the PPF and the Public Servants Pension Fund. In Uganda, we are the actuaries to the Parliamentary Pension Scheme.
Our experienced actuaries have provided services to a large number of life offices and reinsurance companies
These include UBA / Metropolitan (Nigeria), FedGroup Life, Scottish Re (United Kingdom and Middle East), the Zambia State Insurance Company and the Professional Insurance Corporation Zambia, ZB Life Assurance Company (Zimbabwe), and Workers Life in South Africa.
Through our agreements with EURACS and Hewitt, we have provided services to several international organisations
These organisations include the European Commission, AIG, Credit Suisse, Dell Computers, EcoLab, Hewlett Packard & EDS, Huawei, Lanxess and Wal-Mart / Massmart.