Stand-alone fund administration
This quarterly news update contains valuable information for board of trustees, employers, intermediaries and other stakeholders in the stand-alone retirement fund space.
When an employee leaves their place of employment (but does not retire), it is important to give them every opportunity to preserve their retirement savings.
The Default regulations, promulgated in 2018 for implementation in March 2019, had a number of major impacts on SEB.
The aim of Retirement Benefits Counselling is to improve the outcomes for members by giving them access to the options they have available when withdrawing or retiring from a fund.
News and Information
From 1 March 2021, retirement benefits from provident funds and provident preservation funds will be governed by the same rules as pension funds.
The 2021 National Budget comes as South Africa prepares for the biggest vaccination programme in its history. The Budget Speech Summary provides insights on how it will affect you.
The fund and all its stakeholders such as employers, contracted benefit consultants and insurers will have to comply with the new requirements of POPIA from 30 June 2021. In the course of the next few months we will communicate with you the adjustments and tweaks we will make to our contracts, forms, processes and procedures.