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Wheels of Pensions Tribunal turning fast as Covid protocols lifted

19 October 2022

With the lifting of Covid-19 lockdown restrictions, complaints to the Pension Funds Adjudicator came thick and fast – and cases were closed without undue delay.

Keep up to date with the Office of the Pensions Funds Adjudicator

02 September 2022

The Office of the Pension Funds Adjudicator (“OPFA”) was established with a mandate to ensure a procedurally fair, economical and expeditious resolution of complaints.

When should a pension fund death benefit be paid into a beneficiary fund?

31 August 2022

Boards of pension funds must often decide between whether to pay a benefit that is due to a minor beneficiary directly to their guardian or whether the benefit should be paid into a beneficiary fund.

Who qualifies for death benefits?

30 August 2022

A death benefit is a benefit that is payable to beneficiaries and/or nominees upon the death of a member of a fund or a pensioner. It is payable and computed in terms of fund rules.

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Question

The Leo Cash and Carry transfer of 4405 bitcoins is a reminder to consider exchange control regulations before moving cash or crypto offshore. How do you approach exchange control compliance?

Answer

Blockchain knowns no borders Clearance first, always Decentralised means deniable? Who has more than R11 million to transfer?

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