Tag: Nicolette van Vuuren
The FSCA ushers in a new era for pension fund administrators
The Financial Sector Conduct Authority (FSCA) has published Conduct Standard 2 of 2025 (the 2025 Standard). It sets out reformed conditions for pension fund benefit administrators under section 13B(1) of the Pension Funds Act, 1956. The 2025 Standard aligns with the FSCA’s Statement of Need and Impact. In doing so, the FSCA ushers in a new era for pension fund regulation by formally replacing the outdated Board Notice 24 of 2002 (BN24 of 2002).
Retirement age legal compliance – rules and risks
In the dynamic landscape of workforce management, the concept of retirement age holds both rational and practical importance. For employers, understanding the legal framework is crucial. It helps ensure compliance and supports adaptation to evolving standards.
