Regulatory Alerts2018-03-31
PF Circular 79: Registration of Pension Fund Trust Deeds
The South African Financial Services Board mandates that all trust deeds governing registered pension funds, whether incorporated into or separate from the fund rules, must be formally registered with the Registrar of Pension Funds. Applicants for new fund registration must submit duplicate copies of any separate trust deed alongside their application or provide documented reasons for its absence. Existing pension funds holding unregistered separate trust deeds are required to submit two certified copies for free registration, with one endorsed copy returned to the fund.
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