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| Where I Am? | Viewer ==> How divorce may impact occupational retirement fund savings | |||||||||||||
Allan Gray Unit Trust Management |
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| Allan Gray Unit Trust Management | Q3 of 2024 | 2 years ago |
The Pension Funds Act, read together with the Divorce Act, and Islamic law (where applicable), provides that the court granting a decree of divorce may make an order that all or part of the pension interest of the spouse who is a member of a retirement fund must be paid by the fund to the non-member spouse. When it comes to occupational funds, the Divorce Act defines “pension interest” as 'the benefits to which the member would have been en
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Nedbank Investments's BettaBeta merged into CoreShares in 2015.Around 2020, after embroiled in exceeding maximum pension mandated investments , asset manager JM Busha , did not recover and exited the unit trust industry.Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal. |
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