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...

Expat South Africans can transfer retirement Investments overseas

In recent years, Expat South Africans living in the UK, USA or Australia in particular, have seen their retirement/pension payouts reduced by enormous amounts once transferred to the country they now live in due solely to the currency fluctuations. If this is your scenario as a South African expat,...

Pension fund adjudicator – Antoinette Muvhango Lukhaimane

As a follow up to the article that indicates the increased level of complaints against pension fund administrators and the current pension fund adjudicators record of dealing with these cases, we thought you would like to know a little about the person who adjudicates the cases brought before the...

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 – 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...