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Compliance - Regulatory / PFA - Pension Fund Adjudicator

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Adjudicator sets the record straight on the protection of Pension Benefits (Bokamoso Retirement Fund vs Pension Funds Adjudicator)

Adjudicator sets the record straight on the protection of Pension Benefits (Bokamoso Retirement Fund vs Pension Funds Adjudicator)

30 June 2022

Commenting on a recent draft order endorsed by Crutchfield J in the Johannesburg High Court, the Pension Funds Adjudicator, Adv Muvhango Lukhaimane, said that there should be no reason for members of retirement funds to panic who may falsely be led to believe that their benefits are now capable of being ceded, pledged, or hypothecated.

High Court dismisses and sets aside a Pensions Funds Adjudicator’s determination in a matter involving Bokamoso

High Court dismisses and sets aside a Pensions Funds Adjudicator’s determination in a matter involving Bokamoso

29 June 2022

The Bokamoso Retirement Fund (Bokamoso) welcomes the judgement of Judge Crutchfield of the High Court, Gauteng Local Division that dismissed and set aside an erroneous determination of the Pensions Funds Adjudicator (PFA).

PFA dismisses claims for the death benefits to be paid

PFA dismisses claims for the death benefits to be paid

16 February 2022

In a case that illustrates the devastation of employers’ failure to keep up to date with contributions, two complainants - a daughter and a son - have failed in their respective bids to get risk benefits to be paid when their parents passed away.

Deduction of study loan from withdrawal benefit was unlawful

Deduction of study loan from withdrawal benefit was unlawful

22 November 2021

A retirement fund has been ordered by the Pension Funds Adjudicator to pay back the amount deducted from a withdrawal benefit in respect of a study loan.

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Pensions Adjudicator rebukes CEO for disregarding fund rules

Pensions Adjudicator rebukes CEO for disregarding fund rules

18 November 2021
2020/2021 Annual Report of the Office of the Pension Funds Adjudicator

2020/2021 Annual Report of the Office of the Pension Funds Adjudicator

28 September 2021
Adjudicator cautions against rigid application of the law

Adjudicator cautions against rigid application of the law

27 September 2021
Old Mutual warned to adhere to treating customers fairly principles

Old Mutual warned to adhere to treating customers fairly principles

22 September 2021
Providing for your loved ones in time of need through retirement funding

Providing for your loved ones in time of need through retirement funding

26 July 2021
Provident fund rapped for placing sisters' benefits in a beneficiary fund

Provident fund rapped for placing sisters' benefits in a beneficiary fund

05 July 2021
Adjudicator slams abuse of withholding pension benefits

Adjudicator slams abuse of withholding pension benefits

01 July 2021
Delayed Government payments impact on pension fund contributions

Delayed Government payments impact on pension fund contributions

29 June 2021
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