Search for your Fund Name - Eg: "Motor Industry Pension Fund" and the Fund administrators page with contact info will be in the search results

List of Ombudsman in South Africa that can help with any complaints you may have

Here is a complete list of Ombudsman in South Africa which will help with anything from Banking and pension payment issues to banking, sectional title, credit and even vehicle related issues.  When to contact the Ombudsman. (below are a few examples) What is an OImbudsman? An Ombudsman is an independent,...

What to do if your employer has not been paying over your pension fund/retirement contributions

In the recent pension fund adjudicators annual report there is an alarmingly high incidence of companies deducting money from employees salaries for investment into pension funds or other retirement products and the money being deducted, not being paid over to the funds. This is absolutely shocking...

Pension fund member complaints up significantly

The pension fund adjudicator has seen an increase of more than 10 000 cases year on year or a massive 38%. The great news for those of you who are skeptical about how your complaint will be handled will be extremely happy to note that 83% of the complaints were ruled in favour of the complainant and...

Retirement fund switching must be in the best interest of the members

When an employer decides to switch their employees retirement savings from a stand alone retirement fund/Umbrella fund to a different fund, the over riding decision needs to be based on the switch being in the best Interest of the fund members. To give you an idea, in 2000 there were around 15 000...

Retirement – Pension fund advice

At retirement, if you have worked in a corporate company, you will be part of the companies group pension fund or other retirement saving mechanism. The employee, as well as the employer make a contribution to the pension fund for the benefit of the employee subject to the rules of the pension...

How is a pension or retirement benefit split in a divorce?

The maintenance act in South Africa makes allowance for a retirement benefit to be split in a divorce. There are only 3 Acts which make it possible for a court to rule on the division of a pension benefit, the Maintenance Act, the income tax act and pension funds act, any claims that fall outside...

« Older Entries