We are delighted to announce that EverGreens is the latest participant in our Easy Umbrella Fund (EUF). This marks a significant milestone, as 330 members from EverGreens are joining the EUF, doubling our fund's membership and making EverGreens our largest client to date. This exciting development not only extends valuable benefits to EverGreens' employees for the first time but also underscores the importance of providing comprehensive employee benefits.
The Benefits of Joining an Umbrella Fund
For those unfamiliar with the concept, an umbrella fund is a multi-employer retirement plan managed by professional trustees. The EUF, administered by RISE EasyRetire, allows smaller employers to offer robust retirement benefits without the complexities of managing a stand-alone scheme. Contributions are seamlessly handled, ensuring a secure, transparent, and professionally managed retirement savings experience for all members.
Why the Easy Umbrella Fund Stands Out
The EUF is designed to democratise savings for everyone. It is the only retirement platform in South Africa that features a unified member dashboard, integrating compulsory retirement savings with discretionary savings. With no minimum investment amounts or other traditional barriers, EUF opens the doors of the Johannesburg Stock Exchange to all workers. This is particularly crucial in a country where poor saving habits, high debt levels, and inadequate retirement outcomes are prevalent. The EUF platform is a game changer, empowering members to achieve financial independence.
A Day of Giving Back: Mandela Day with EverGreens
In addition to joining the EUF, EverGreens demonstrated their commitment to community welfare on Mandela Day. Together with EasyRetire, they made a significant impact by serving over 500 potjie meals and packaging 400 Bags of Hope, amounting to 1,600 meal servings. Their generous donation of perishable goods to St. Vincent de Paul's feeding scheme in La Rochelle further highlighted their dedication to fighting hunger in South Africa.
This collaborative effort addresses the stark reality faced by millions of South Africans, including the alarming statistics that up to 20 million people go to bed hungry each night, and 27% of children under five suffer from malnutrition. EverGreens’ involvement in Mandela Day exemplifies the spirit of ubuntu and collective effort, embodying the values of Nelson Mandela.
Join the EasyCommunity
Mandela Day reminds us that lasting change requires long-term commitment. This is why EasyEquities offers the Donate for Good programme. With every investment you make, you have the opportunity to contribute to a worthy cause. Every few weeks, we highlight a new charity, allowing you to support impactful initiatives across South Africa.
By participating in Donate for Good, you're not just investing in your future, you're investing in a better future for all. Together, we can leverage the power of the EasyCommunity to make a real difference.
A Heartfelt Thank You
We extend our deepest gratitude to the Society of St Vincent de Paul (SSVP), Evergreens, and all the Purple Group staff who dedicated their time and resources to making Mandela Day 2024 a success.
We are incredibly excited to welcome EverGreens to the Easy Umbrella Fund and look forward to seeing the positive impact this partnership will have on their employees. Together, we are making strides towards a future where financial independence and security are accessible to all. Thank you, EverGreens, for joining us on this journey and for your unwavering commitment to the community.
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