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The FIM Act – a new start (part 5)
Since 2015, NAMFISA has issued draft standards and regulations under the FIM Bill and the FIM Act to the Industry for comment.
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Failing to Pay Contributions: Fund Officers Are Personally Liable
The recent judgment of Municipal Workers’ Retirement Fund v Mafube Local Municipality and Others highlights the severe consequences of failing to meet statutory obligations under the Pension Funds Act 24 of 1956 (“the PFA”).
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Twins Conceived via Artificial Insemination are not Dependants
When are children, conceived through artificial insemination, not recognised as dependants for the purposes of a retirement annuity fund death benefit?