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The appointments of all Service Providers to the University of Stellenbosch Retirement Fund are regularly reviewed by the Board of Trustees (“the Trustees”) as part of the Fund’s governance process.
During November 2013, the actuarial, administration and consultation service appointments were reviewed by the Trustees and after a thorough tender process the Board of Trustees has appointed Sanlam Employee Benefits: Retirement Fund Administration (“Sanlam RFA”) as the new Administrators and Simeka Consultants & Actuaries (“Simeka”) as the new Consultants and Actuaries to the Fund.
This communication is designed to answer questions about the change in Service Providers and whether this will affect the Members of the Fund.
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Staff Only: No
Visibly Featured: SU Main
Published Date: 3/12/2014
Visibly Featured Approved: Article list;
GUID Original Article: F8D5B39C-D52E-405F-BD1B-339BB19DEC0D
Is Highlight: No
Opsomming: Kennisgewing aan USAF-lede: Verandering van diensverskaffers
Summary: Notice to retirement fund members: Change in Service Providers