by @Megan Rank | Aug 23, 2023 | Beneficiary Funds, Employee Benefits, FSCA, Legislation & Regulation, Pension Funds Act, Umbrella Trust
Megan Rank, Legal Manager, Fairheads Benefit Services In the early 1990s, Fairheads pioneered the use of umbrella trusts to house death benefits payable to the dependants of deceased retirement fund members. Such was the success of the solution that the...
by Yvonne Makwela | Jun 29, 2023 | Beneficiary Funds, COVID, Education & Training, Energy Crisis / Loadshedding, Section 37C
Yvonne Makwela, Key Accounts Manager, Fairheads Benefit Services As a country, South Africa spends a significant portion of its national budget on education, with around 20% of total government expenditure allocated to the sector. However, the quality of...