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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.
A pension fund with a history of unlawfully withholding withdrawal benefits has been referred by the Pension Funds Adjudicator to the regulator for investigation into its conduct.
Most of the determinations that we receive involve members of the public alleging that they have been unfairly treated. In this determination by the Office of the Pension Funds Adjudicator (OPFA), however, the allocation of death benefits seems justifiable under the circumstances.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?