Fairheads Independent Beneficiary Fund

Helping guardians, caregivers and members to make the best of their beneficiary fund.

New 4 min

What is the Fairheads Independent Beneficiary Fund?

The object of the Fund is to administer benefits awarded to beneficiaries upon the death of a member from the Old Mutual SuperFund Pension and Provident Funds, as well as other Old Mutual Sponsored Retirement Funds in terms of Section 37C(2) of the Pension Funds Act.

Benefits are administered so as to provide financial support to members in the form of regular monthly distributions and to utilise the funds to facilitate Ad Hoc payments in respect of the Members’ maintenance, education and general well-being, including medical costs.

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Fully Managed And Monitored

Fully managed and monitored account by independent trustees.

Benefit statements

Member Benefit Statement

Annual member benefit statement sent at the end of February each year.

Constant Support 2.0

Constant Support

Constant support and hand on care from Fairheads services.

FH Coin

Member Fund Account

How it works

A member account is opened when a death benefit payment is transferred into this beneficiary fund. The aim is to make this money in the member’s account last until the member turns 18 and preferably finishes Grade 12.


Death Benefits

Death Benefit

A death benefit payment is transferred into your member account.
Money Management

Investments & Returns

The money in your member account is invested and any investment returns are added to your account.
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Fully Managed And Monitored

Your member account is carefully monitored and managed so that it can last as long as necessary. That is why not all claims that you ask for are paid.


Regular Payments


Fees are charged to administer the money in the member account.
Payment Management

Various Payments

Various payments can be made from the member’s account.


Regular Payments

Regular payments can be made from the member’s account every month, to pay towards general, day-to-day costs.

Pension Partnership

Financial Assistance

Special financial assistance payments can be made on request, to pay towards
specific costs such as school fees, uniform, books, stationery, transport, etc.

The Fairheads Independent Beneficiary Fund (the “Fund”) is a registered Beneficiary Fund with registration number 12/8/38206.
Fairheads Benefit Services (Pty) Ltd is the Administrator of the Fund.