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A fund has been lambasted by the Deputy Pension Funds Adjudicator, Advocate Matome Thulare, for causing the mother of a child to suffer undue hardship in having to obtain a DNA test without any financial assistance, in order to prove paternity.
The Deputy Pension Funds Adjudicator Advocate Matome Thulare has interpreted a fund’s rules differently and has upheld a complaint about non-payment of withdrawal benefit.
Complaints to the Office of the Pensions Funds Adjudicator (OPFA) will only be investigated after the retirement fund concerned has been given the opportunity to resolve the complaint directly with the complainant.
A nomination form does not automatically qualify those nominated to receive a death benefit but merely acts as a guide to the board of a fund, says Deputy Pension Funds Adjudicator, Advocate Matome Thulare.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?