Beneficiary Fund Administration
Fairheads is the administrator of choice for beneficiary funds which receive section 37C(2) death benefits from retirement funds as well as unapproved benefits relating to employment.
Beneficiary funds can play an important role in estate planning by protecting assets for vulnerable dependants, providing professional governance, and ensuring funds are managed sustainably over time. They offer structure, continuity, and tax efficiency, helping families provide for children and dependants responsibly after the death of a breadwinner.
Fairheads provides specialist administration of beneficiary funds, working alongside advisers and trustees – not directly with the public.
If you are a member of the public interested in finding out more, contact your financial adviser.
If you are an adviser or trustee wanting information on beneficiary funds, contact consulting@fairheads.com
Beneficiary Fund Administration’s Role
Beneficiary funds play a vital social role in helping to sustain and educate vulnerable members who have lost a breadwinner. We pride ourselves on our specialist care provided to members, guardians and caregivers.
Beneficiary Fund Pioneers
We helped pioneer beneficiary funds in South Africa through making input on legislation and rules. Fairheads Umbrella Beneficiary Fund is Fairheads’ flagship beneficiary fund product.
Why Choose Fairheads
Our Key Differentiators
Fairheads Benefit Services is the administrator of choice for beneficiary funds and umbrella trusts seeking to provide specialist care to their members and beneficiaries. It is our focus on operational excellence supported by expert knowledge which is truly independent that makes us the number one choice.
Operational Excellence
Accessibility
Our multi-channel distribution strategy incorporates walk-in centres, state-of-the-art contact centre and document collection points across rural South Africa. Our corporate clients have on-line access which enables them to service their own clients at their offices.
Communication
