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Section 37 ( c )

Fairheads Times November 2019

Fairheads Times November 2019

A long overdue rethink of section 37C of the Pension Funds Act is finally under way, following a request from the Deputy Registrar to the industry to give suggestions for amendments and submit them to the Financial Sector Conduct Authority (FSCA). It is hoped that the...

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Beneficiary Funds – We All Share The Responsibility

Beneficiary Funds – We All Share The Responsibility

By Giselle Gould, Director: Business Development Looking back on 2018, I believe it is a time for deep reflection on our society. What a year it has been, with a change of President, several changes of Finance Minister, and a few commissions of enquiry under way. The...

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Fairheads Times December 2018

Fairheads Times December 2018

Looking back on 2018, I believe it is a time for deep reflection on our society. What a year it has been, with a change of President, several changes of Finance Minister, and a few commissions of enquiry under way. The Nugent and Zondo commissions have been unearthing...

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Fairheads Times August 2017

Fairheads Times August 2017

Many years ago, as far back as the 1920s in fact, Fairheads Benefit Services operated as a trust company for predominantly wealthy families. Our core business was looking after inter-generational wealth, advising on estate planning and administering and investing the...

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Quick Guide To Beneficiary Funds

Quick Guide To Beneficiary Funds

The main aim of the beneficiary fund is to pay towards educational costs until the minor child completes his/her education. Regular payments made to the guardian or caregiver assist towards the general living costs of the minor child. The funds are protected in the...

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Beneficiary Fund Can Secure Your Kid’s Future

Beneficiary Fund Can Secure Your Kid’s Future

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...

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Beneficiary Fraud A Headache For Trustees

Beneficiary Fraud A Headache For Trustees

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...

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Would You Trust Your Child With a Lump Sum?

Would You Trust Your Child With a Lump Sum?

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...

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Why Not Reform For Kids Too?

Why Not Reform For Kids Too?

Published on EBnet, February 2016 By Olefile Moea, Director, Fairheads Benefit Services In line with industry trend and also #FeesMustFall At a time when retirement reform is moving in the direction of annuitisation for adult retirement fund members, we find it...

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