NBC offers a wide range of retirement and other benefit consulting advice to complement its administration and other related services.

Professional consulting advice serves to ensure the financial protection of the fund and participating employers, whilst providing valued and secure benefits for members. NBC strives to ensure that all our consultants comply with professional and ethical standards as required by law.

Consulting advice covers:

• Benefit design - understanding the needs of members and employers to ensure that sustainable employee benefit programmes are implemented.
• Member communication - using the latest state of the art communication tools to optimize the understanding of retirement benefit programmes.
• Governance and legislative compliance - highest standards of corporate governance ensuring that the clients’ funds comply with the applicable legislation and subscribe to the highest standards of corporate governance.
• NBC provides insured benefit intermediary services to funds in order to ensure that the fund’s risk benefits are placed at the most affordable and competitive rates with favourable policy terms and conditions.
• NBC conducts regular reviews of insured benefit arrangements to ensure long-term sustainability and provide solutions that mitigate against associated bad claims risk.

As an intermediary, NBC functions as the liaison between funds and their chosen insurers on one hand, and the claimant or employer on the other. This is in respect of all claims made under the risk policies.