What’s Next in Finance — Fedgroup Care GM Jeanetta Hendricks unpacks why beneficiary funds are a critical part of financial planning

In this What’s Next in Finance interview, Fedgroup Care General Manager Jeanetta Hendricks explains what beneficiary funds are and why they are so important.

In her current role at Fedgroup, she oversees the operation of the company’s Beneficiary Care offering.

Hendricks has over 30 years of experience in the financial services industry and has held several roles, delivering advisory services, consulting, administration, and intermediary services to corporate clients. She also holds an MBA.

Her history in the healthcare industry has equipped her with important skills and empathy for the people she serves — which is why Beneficiary Care sits close to her heart.

The interview

In this interview, Hendricks begins by explaining what a beneficiary fund is and how it works.

Hendricks then discusses the numerous financial benefits of beneficiary funds — including their tax efficiencies and protection from creditors.

She also highlights the intricacies of beneficiary fund payouts in the case of a death, noting the importance of keeping nomination forms updated, as well as what happens if the beneficiary is still a minor.

Hendricks concludes the interview by discussing how Fedgroup stands apart from its competitors in the provision and management of beneficiary funds.

Watch the full interview with Jeanetta Hendricks below.