Just read through their "Retirement Plan" brochure, don't really like it. Too complex. Seems a bit expensive and what about issues like can't pay, do you loose benefits?
As to managing a RA... they only thing you need to manage is how much you put in (and you can probably have that escalate 5% or 10% or whatever per annum automatically but ticking the relevant box on the form, eliminating that issue) and if even you want to stop contributing for some reason (life happens, the Discovery products benefits will probably not happen if you have to stop for a short period).
Also that's why you need to choose a Balanced Fund, the fund will be kept Regulation 28 compliant at all times, no management from your side. If you chose a bunch of asset class funds (like this equity fund, that foreign fund and this property fund) to make up you own compilation, there would be managing involved to rebalance it every now and then for regulation 28 compliance.
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