Maintenance claim against a retirement fund

Maintenance arrears? Retirement funds are fair game

Can an ex-wife claim maintenance arrears from her ex-husband’s retirement fund? A case came before the Gauteng High Court recently in which a woman had deducted funds from her ex-husband’s retirement funds for child maintenance arrears. The applicant was the ex-husband, who claimed that it was unfair for an application for withdrawal of funds to […]

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Adjudicator slams pension fund for ignoring emails

Reuters Reprinted from iol.co.za – 2020-12-15 A pension fund’s reluctance to respond to the Pension Funds Adjudicator about a complaint, despite being approached to do so on no less than four occasions, has been referred to the Financial Sector Conduct Authority (FSCA). The FSCA is responsible for market conduct regulation and supervision, ensuring a fair […]

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Financial planning for couples married with the accrual system

What couples need to be aware of when making financial decisions. Image: Shutterstock If you’re married out of community of property with the accrual system, you will have an ante-nuptial contract in place which sets out the financial consequences of your union. Including the accrual system is a way to ensure that each spouse gains […]

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