Prescient Fund Services provides specialist outsourced fund services to external asset managers, multi-managers and other institutional investors. Its offering includes portfolio valuation and administration, unitisation, liability administration, hedge fund administration, consolidated reporting, compliance monitoring and reporting services. Prescient Life Limited was started in 2006 as an investment- linked long-term insurer. Prescient Life is also an approved pension fund administrator, providing both institutional and retail retirement solutions to its range of clients. Prescient Life offers an investment administration platform through which asset managers and asset consultants are able to manage life-pooled portfolios on behalf of their retirement fund and medical scheme clients. Retail clients are offered living annuities, endowments, tax-free savings accounts, retirement annuity funds, preservation funds and umbrella funds.