RFS strengthens government ties through strategic ministerial engagements
RFS and the Benchmark Retirement Fund recently took a proactive steps to strengthen their relationship with government through recent high-level ministerial meetings. The engagements, led by Marthinuz Fabianus and Vincent Shimutwikeni, underscored the critical role these institutions play in Namibia's retirement fund landscape and broader economic development.
Building bridges with information communication technology (ICT) leadership
The delegation's meeting with Emma Theofelus, minister of information, marked an important milestone in fostering collaboration between the private pension sector and government. The courtesy visit, which served to congratulate the minister on her re-appointment, opened crucial dialogue channels regarding the intersection of technology and pension fund administration.
During the engagement, RFS representatives highlighted the increasingly vital role that digital infrastructure, data protection, and ICT policy play in modern pension fund administration. As the retirement industry becomes more digitised, these technological foundations are essential for ensuring secure, efficient, and transparent management of pension funds that millions of Namibians depend on for their financial security.
The discussion emphasised how robust ICT policies and infrastructure are no longer optional but fundamental requirements for effective pension fund operations in today's digital economy. This alignment between RFS's operational needs and the ministry's strategic ICT development initiatives creates opportunities for meaningful collaboration that could benefit the entire pensions industry.
Justice and labour relations collaboration
The second significant engagement involved Fillemon Immanuel, minister of justice. The meeting similarly began with congratulations on the minister's recent appointment but quickly evolved into substantive discussions about the intersection of pension fund administration with justice and labour sectors.
RFS representatives emphasized the multifaceted nature of their work, which spans retirement planning, financial services, and regulatory compliance—all areas where alignment with the ministry of justice is crucial. This comprehensive approach recognizes that pension fund administration is not merely a financial service but a cornerstone of social security that touches on workers' rights, legal frameworks, and economic justice.
Building bridges with information communication technology (ICT) leadership
The delegation's meeting with Emma Theofelus, minister of information, marked an important milestone in fostering collaboration between the private pension sector and government. The courtesy visit, which served to congratulate the minister on her re-appointment, opened crucial dialogue channels regarding the intersection of technology and pension fund administration.
During the engagement, RFS representatives highlighted the increasingly vital role that digital infrastructure, data protection, and ICT policy play in modern pension fund administration. As the retirement industry becomes more digitised, these technological foundations are essential for ensuring secure, efficient, and transparent management of pension funds that millions of Namibians depend on for their financial security.
The discussion emphasised how robust ICT policies and infrastructure are no longer optional but fundamental requirements for effective pension fund operations in today's digital economy. This alignment between RFS's operational needs and the ministry's strategic ICT development initiatives creates opportunities for meaningful collaboration that could benefit the entire pensions industry.
Justice and labour relations collaboration
The second significant engagement involved Fillemon Immanuel, minister of justice. The meeting similarly began with congratulations on the minister's recent appointment but quickly evolved into substantive discussions about the intersection of pension fund administration with justice and labour sectors.
RFS representatives emphasized the multifaceted nature of their work, which spans retirement planning, financial services, and regulatory compliance—all areas where alignment with the ministry of justice is crucial. This comprehensive approach recognizes that pension fund administration is not merely a financial service but a cornerstone of social security that touches on workers' rights, legal frameworks, and economic justice.