According to the 2015/2016 annual report from the Office of the Pension Funds Adjudicator, the allocation of death benefits constituted the largest number of resolved cases. In the unfortunate situation where a member of a retirement or provident fund passes away, there's no guarantee that the nominated beneficiaries will receive a cash payout as per the wishes of the deceased. Preenay Sathu, Channel Head at FNB Financial Advisory, says "By law, the trustees of the retirement fund can … [Read more...] about Fund trustees can override a deceased member’s instructions
