Can you fine-tune your investment strategy? 
Do you require a boutique retirement vehicle for your bespoke asset management business? 
Our administration model – with its open investment architecture – shape-shifts to cater for your investment strategy. 
Our employees also each have 20 or more years of experience which they make personally available to you.


Our leading team members

Our Board of Trustees

The Multilect suite of Funds is managed by an independent Board of Trustees, meeting the requirement of utmost asset protection.
Meet our Trustees:

Nick Jacobs (Chairman)

Nick Jacobs has more than 40 years’ experience working with retirement funds. Following a long stint with Legal and General (UK), Nick moved to senior management at Legal and General (SA), after which he joined Glenvaal (today Glenrand), eventually taking up the post of managing director.

During his tenure at Glenvaal, Nick was appointed trustee and chairperson of various funds. Since his retirement in 2017, he has been appointed independent trustee of a number of umbrella funds and standalone funds. He is also principal officer of a standalone fund.

David Lawrence Crawford

A graduate of Wits Business School, David Crawford is a member of the Financial Planning Institute. He chairs the Institute of Retirement Funds’ Africa trusteeship and education committee, occasionally writes for leading financial publications, and regularly features on Classic FM’s Classic Business with Michael Avery.

David joined the life and pensions industry in the late 1970s. He provides retirement fund member education through Crawford Employee Financial Guidance, which lists several blue-chip companies as clients.

Hubert Moffat

Hubert Moffat currently serves as independent trustee on six pension/provident funds. A retired businessman, he holds a tertiary qualification from the Associate Chartered Insurance Institute.

Hubert’s career began in 1955 at Deloitte and Co as an articled clerk. He later joined the Royal Insurance Company as an insurance official and broker liaison, before becoming assistant branch manager at Federated Employers Insurance in Johannesburg. Prior to retirement, Hubert was a managing member of Vedder & Moffat CC and Insulpro CC.

Gail Denise Le Grellier

After graduating from the University of Cape Town with an LLB, Gail le Grellier was admitted to the Institute of Life and Pension Advisors (today the Financial Planning Institute of Southern Africa). She later completed a higher diploma in tax law at Wits University.

Gail is a commercial mediator with South African and international accreditation. She’s also a member of the Pension Lawyers’ Association, Batseta Council of Retirement Funds for South Africa, and the Institute of Retirement Funds Legal and Technical Committee.

Gail accumulated a wealth of experience in the employee benefits sector prior to her appointment as director of Ginsburg Malan and Carsons (Pty) Limited. She went on to join Edward Nathan and Friedland and later Deloitte and Touche Legal, before establishing LegalTech (Pty) Limited, an independent pensions law consultancy. In her personal capacity Gail also sits on a number of boards of trustees as an independent trustee.

David Phillips

After more than 40 years as a chartered account “focusing on legal documents and numbers”, David Phillips retired in 2016 as partner at international accounting practice Crowe Horwath. 

Although the core of his professional activity involved auditing, David accrued a range of experience in the industry, working on mergers and acquisitions, contract accounting, legal aspects of financial documents, income tax and estates.

David qualified as a chartered accountant in the UK in 1975 and a decade later, after moving to South Africa, converted his qualification to meet local requirements. He also ran his own business, David J Phillips Chartered Accountants, for 13 years and was CEO of Cape Investments Group.

For the past 25 years he has been a trustee of a number of pension funds, and was appointed as a Multilect trustee following his retirement. 

Principal Officers


Mandy Bronkhorst

Under the umbrella of her company, EB Support Services, Mandy Bronkhorst consults on legal and technical work relating to pension funds for a number of companies. She also provides financial advisory and intermediary services (FAIS) training, and trustee training for pension funds.

Mandy obtained her Bachelor of Arts degree from the University of the Witwatersrand, followed by a diploma in law compliance from the University of Johannesburg. She has also completed her RE1 and RE5 regulatory FAIS exams.

Mandy previously worked at African Life Insurance, as a compliance specialist at Sanlam, and as a consulting actuary at Liberty Life and Ginsburg Malan & Carsons – specifically on the legal and technical aspects of pension funds.