Benchmark Retirement Fund now oversees assets exceeding N$10 billion as of 30 June 2025, marking a major milestone as the Fund celebrates its 25th anniversary.
The Fund, which was founded in 2000 by RFS Fund Administrators, has grown into one of Namibia’s leading privately administered umbrella retirement funds.
Founder and Trustee Tilman Friedrich said the Fund’s journey had always been grounded in values and relationships.
“From our early days, our brand has been built on relationships and trust. Over time, the focus naturally shifted to our members, who today number just over 21,000 active and pensioner members,” he said.
“The dedication of our people has always given Benchmark its soul, and it is their commitment that continues to define us.”
Benchmark reported that its resilience and growth are reflected in its financial performance.
The Fund achieved investment returns over the past year ranging between 14% and 20%, depending on portfolio choice.
It said these results, well above inflation, strengthened members’ long-term retirement security.
Chairperson of the Fund, Afra Shimming-Chase, said Benchmark remained committed to its founding principles.
“The Fund is guided by its values of integrity, trust, humility, transparency, and fairness as it continues to live its vision: The trusted Namibian retirement fund creating a dignified future,” she said.
Friedrich added that the anniversary was not only a celebration but also an acknowledgement of the people who had shaped the Fund.
“As we celebrate 25 years, we honour our dedicated service teams and valued clients who have shaped our story — while looking ahead to a future built on the same principles that brought us here,” he said.
