Regulatory Alerts2018-03-31
Information Circular 1 of 2008: Electronic Submission of 2006 Pension Fund Returns
The Financial Services Board extends the deadline for pension funds to submit the final auditors’ release letter accompanying unsigned 2006 returns until 30 April 2008 to prevent late submission penalties. Fully signed and audited returns must still be filed by 30 June 2008 to comply with section 15 of the Act, with non-compliance triggering penalty invoices. This temporary extension accommodates the auditing profession's heavy caseload while ensuring regulatory compliance for funds, administrators, and underwriting insurers.
# FINANCIAL SERVICES BOARD
Rigel Park 446 Rigel Avenue South Erasmusrand Pretoria 0181 South Africa
PO Box 35655 Menlo Park Pretoria 0102 South Africa
Tel +27 12 428 8000 Fax +27 12 347 0221 E-mail info@fsb.co.za
Toll free 0800 110443 Internet http://www.fsb.co.za
| ENQUIRIES: | W MOKUPO | D. DIALLING NO.: | +27 12 428 8032 |
|------------|----------|------------------|-----------------|
| OUR REF: | 12/12/1 | FAX: | +27 12 347 8787 |
| DATE: | 31 March 2008 | E-MAIL: | wilman@fsb.co.za |
(To all funds, approved administrators, and insurers who underwrite pension funds)
## INFORMATION CIRCULAR 1 OF 2008
### ELECTRONIC SUBMISSION OF 2006 RETURNS BY 31 MARCH 2008
In order to prevent penalties from being levied against funds for late submission of 2006 returns, this Office will accept the **final auditors’ release letter** to accompany the unsigned, audited returns until 30 April 2008.
Funds are required to submit the duly signed returns in order to fully comply with section 15 of the Act (as amended) by no later than **30 June 2008**, failing which penalty invoices will be issued for non-compliance beyond this date.
This is done in order to assist the auditing profession to finalise their heavy caseload.
Yours sincerely
J.A. Boyd
DEPUTY EXECUTIVE OFFICER &
DEPUTY REGISTRAR OF PENSION FUNDS
---
Board Members Dr CDR Rustomjee (Chairperson) AM Sithole (Deputy Chairperson) BM Hawksworth
Ms JV Mogadime Ms AMM Mokgabudi Ms LM Mojela Prof PJ Sutherland Ms HS Wilton
Executive Officer RJG Barrow
Share