Benchmark Retirement Fund marks a significant milestone this year – 25 years of service. 

More than a celebration of financial growth, this anniversary reflects a journey built on relationships, values and a long-term vision that has guided the fund since its inception.

Founded in 2000 by RFS Fund Administrators, Benchmark has grown into one of Namibia’s leading privately administered umbrella retirement funds. 

From humble beginnings, small meetings around kitchen tables, the fund now oversees assets exceeding N$10 billion as of 30 June 2025. 

The anniversary was recently celebrated by the staff and board of trustees at the offices of RFS Fund Administrators.

“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,” said Tilman Friedrich, founder and trustee of the Benchmark Retirement Fund. 

“The dedication of our people has always given Benchmark its soul. It is their commitment that continues to define us. 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 added.

Benchmark’s resilience and steady growth are evident in its strong financial performance. 

The fund delivered robust investment returns over the past year, ranging between 14% and 20% depending on the selected portfolio — well above inflation and reinforcing members’ long-term retirement security.

Benchmark stated that, looking ahead, it remains committed to innovation, sound governance and service excellence.

“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,” said Afra Shimming-Chase, chairperson of the fund.