Compliance - Regulatory / PFA - Pension Fund Adjudicator

PFA raps fund for deducting “housing” loan from pension interest

A pension fund cannot deduct a portion of a housing loan from a non-member spouse in the event of a divorce if in fact the loan was not used for housing.

A pension fund has a duty to protect dependants, says Pension Funds Adjudicator

A pension fund is under no obligation to strictly adhere to a will or a nomination form when deciding on the allocation of death benefits. This was stressed by Dr Elmarie de la Rey, acting Pension Funds Adjudicator, in a ruling after an aggrieved daughte

PFA: Specific circumstances are required before your withdrawal benefit can be held in lieu of damage caused to your employer

PFA: Criminal conviction alone not enough for withdrawal benefit to be witheld

– there must be judgment on compensation