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Compliance - Regulatory / PFA - Pension Fund Adjudicator

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Adjudicator slams abuse of withholding pension benefits

Adjudicator slams abuse of withholding pension benefits

01 July 2021

The Pension Funds Adjudicator has ordered the Alexander Forbes Retirement Fund to pay out a complainant’s withdrawal benefit which he became entitled to in 2013.

Delayed Government payments impact on pension fund contributions

Delayed Government payments impact on pension fund contributions

29 June 2021

Having been inundated over the last several years with volumes of complaints against the Private Security Sector Provident Fund (PSSPF) and its participating employers, the Pension Funds Adjudicator, Adv Muvhango Lukhaimane, has in a recent determination called into question the viability of the fund that is compulsory for employers of private security guards, and has asked the Financial Sector Conduct Authority to assess such viability.

Statutory management of security sector fund fails to improve employer compliance

Statutory management of security sector fund fails to improve employer compliance

19 March 2021

A pension fund has been requested by the Pension Funds Adjudicator to notify some of its members of the failure of their employer to pay contributions on their behalf and to report the non-compliance with the Act to the National Prosecuting Authority.

Statutory management of security sector fund fails to improve employer compliance

Statutory management of security sector fund fails to improve employer compliance

16 March 2021

A pension fund has been requested by the Pension Funds Adjudicator to notify some of its members of the failure of their employer to pay contributions on their behalf and to report the non-compliance with the Act to the National Prosecuting Authority.

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Adjudicator rules employer is entitled to pension deduction after double salary payments

Adjudicator rules employer is entitled to pension deduction after double salary payments

11 February 2021
Adjudicator slams Private Security Sector Provident Fund for not taking action against defaulting employers

Adjudicator slams Private Security Sector Provident Fund for not taking action against defaulting employers

11 February 2021
Adjudicator slams private security sector provident fund for not taking action against defaulting employers

Adjudicator slams private security sector provident fund for not taking action against defaulting employers

05 February 2021
Adjudicator rules employer is entitled to pension deduction after double salary payments

Adjudicator rules employer is entitled to pension deduction after double salary payments

04 February 2021
Office of Pension Funds Adjudicator rises to its challenges

Office of Pension Funds Adjudicator rises to its challenges

19 January 2021
Majority of complaints about withholding of contributions

Majority of complaints about withholding of contributions

19 January 2021
Pension Fund lambasted by Adjudicator for ignoring emails

Pension Fund lambasted by Adjudicator for ignoring emails

14 December 2020
Fund ordered to pay benefit to employee convicted if R1.8M fraud

Fund ordered to pay benefit to employee convicted if R1.8M fraud

07 October 2020
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