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Compliance - Regulatory / PFA - Pension Fund Adjudicator

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Concourt upholds pension funds Adjudicator's ruling

Concourt upholds pension funds Adjudicator's ruling

04 August 2023

While even limited financial security is beyond the reach of many as they battle to eke out a living, others can plan for their future financial well-being with a pension, says Constitutional Court Judge Jody Kollapen.

Fund took the

Fund took the "back door" rather than investigate properly

03 July 2023

Rather than conducting a proper investigation to trace who should be allocated a death benefit, a retirement fund decided to go “through the back door” and allocate the benefit to the deceased’s estate.

PFA finds that fund had erred in using a benefit calculator

PFA finds that fund had erred in using a benefit calculator

27 June 2023

A retirement fund’s decision to allocate a death benefit has been set aside by the Pension Funds Adjudicator because it had failed to conduct thorough investigations and instead relied on a calculator to tell them what to do.

Provident fund reprimanded for not ensuring employees contributions were paid

Provident fund reprimanded for not ensuring employees contributions were paid

08 June 2023

A provident fund has been taken to task by the Pension Funds Adjudicator for failing in its duty to enforce a determination to ensure that the employer pays contributions timeously.

quick poll
Question

If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?

Answer
Employer who took advantage of Covid concession is ordered to pay arrear provident fund contributions at the prescribed rate with interest

Employer who took advantage of Covid concession is ordered to pay arrear provident fund contributions at the prescribed rate with interest

09 May 2023
Fund reported to FSCA for ignoring PFA's request's for response

Fund reported to FSCA for ignoring PFA's request's for response

22 December 2022
Funds must be harder on employers who fail to pay contributions

Funds must be harder on employers who fail to pay contributions

08 November 2022
New legislation spells name change for Pension Funds Tribunal

New legislation spells name change for Pension Funds Tribunal

19 October 2022
Wheels of Pensions Tribunal turning fast as Covid protocols lifted

Wheels of Pensions Tribunal turning fast as Covid protocols lifted

19 October 2022
Keep up to date with the Office of the Pensions Funds Adjudicator

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

02 September 2022
When should a pension fund death benefit be paid into a beneficiary fund?

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

31 August 2022
Who qualifies for death benefits?

Who qualifies for death benefits?

30 August 2022
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