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Compliance - Regulatory / PFA - Pension Fund Adjudicator

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PFA says funds must not use POPIA to hide shoddy investigation

PFA says funds must not use POPIA to hide shoddy investigation

06 May 2025

A pension fund is obliged to provide the Pension Funds Adjudicator (PFA) with requested information without obtaining consent from the beneficiaries.

Legacy policies cannot withdraw under Two-Component Retirement System

Legacy policies cannot withdraw under Two-Component Retirement System

30 April 2025

Members of pension funds are advised to understand that a legacy policy - any policy in respect of a retirement annuity plan entered into before 1 September 2024 - is exempted from the two-component benefit system.

A death benefit  nomination form is only a guide, rules PFA

A death benefit nomination form is only a guide, rules PFA

14 April 2025

A death benefit nomination form is a guideline for a provident fund when distributing benefits, as the fund has the discretion to allocate the benefit as it deems equitable, even if it deviates from the nomination, says Pension Funds Adjudicator, Muvhango Lukhaimane.

Security company fails in bid to have PFA determinations set aside

Security company fails in bid to have PFA determinations set aside

25 March 2025

In a victory for long suffering members of the Private Security Sector Provident Fund, the Gauteng High Court dismissed four applications by a security company for the determinations issued by the Pension Funds Adjudicator against it to be set aside.

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Fund ordered to hear full story before withholding benefit

Fund ordered to hear full story before withholding benefit

28 February 2025
Provident Fund reported to Conduct Authority for undue delay

Provident Fund reported to Conduct Authority for undue delay

28 November 2024
Two-pots could cause a spike in pension fund disputes

Two-pots could cause a spike in pension fund disputes

21 October 2024
With more than 9000 complaints received, PFA urges funds to resolve disputes internally

With more than 9000 complaints received, PFA urges funds to resolve disputes internally

03 October 2024
Provident fund barred from taking Peter’s contributions to pay Paul

Provident fund barred from taking Peter’s contributions to pay Paul

29 August 2024
Two-Pots Pension System: 7 useful things that retirement fund members should know

Two-Pots Pension System: 7 useful things that retirement fund members should know

26 August 2024
Twins born from donor sperm outside marriage not legal dependants

Twins born from donor sperm outside marriage not legal dependants

13 August 2024
Fund blocked from paying death benefit to a third party

Fund blocked from paying death benefit to a third party

05 August 2024
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