Published in Personal Finance, 11 June 2016. By David Hurford, Director, Marketing & Consulting, Fairheads Benefit Services Read it here or as reproduced below. Beneficiary fund can secure your kid's future The government introduced beneficiary funds in 2009 to...
Published in Personal Finance, 26 March 2016. By Lorraine Kearney. Read it here Beneficiary fraud a headache for trustees “We use multi-factoral authentification, but no steps are foolproof. Ultimately, more layers will be added to the process – as syndicates become...
Published in City Press, 13 March 2016. By Maya Fisher-French. Read the article Would you trust your child with a lump sum or below. Minor children are often the main beneficiaries of the death benefits paid out by retirement funds. The challenge is to make sure the...
Aired on Classic FM, 10 March 2016. Giselle Gould, Fairheads' Business Development Director is interviewed by Michael Avery on Classic Business. Classic FM: 102.7FM│DSTV Audio 857│www.classicfm.co.za
Published in Today's Trustee, 1 December 2015 Like many others, we at Fairheads Benefit Services were shocked by the Financial Services Board's disclosure that the pool of unclaimed benefits from retirement funds touches R20 billion. Click here to view excerpt...
Published in FA News, 21 June 2015 By David Hurford, Head of Fairheads Umbrella Beneficiary Fund Retirement fund trustees electing to pay minors’ death benefits into a beneficiary fund are battling to make meaningful comparisons among the services and fees offered by...
Published in IRF.INITY, 1 June 2015 By Giselle Gould, Business Development Director, Fairheads Benefit Services In terms of section 37C of the Pension Funds Act, the trustees of retirement funds have four options when deciding how to allocate benefits due to minor...
Retirement fund trustees have a fiduciary duty when paying out death benefits. Even if guardians are financially competent, trustees should ask four key questions before making a decision, says Giselle Gould, Fairheads’ Business Development Director.
Published in Business Day, Business Day & Tax Review, 1 April 2015 Following years of verbal engagement, a formal written submission has recently been made to the Financial Services Board to amend pension fund legislation so that death benefit lump sums...
Published in FA News. 1 April 2015 By Giselle Gould, Business Development Director, Fairheads Benefit Services The age of responsibility A submission was recently made to the Financial Services Board (FSB) to amend the pension fund legislation so that death benefit...
