The Pension Lawyers Association of South Africa invites you to attend a webinar
The PLA has invited Graham Damant (Bowmans) and Michael Badenhorst (Cadiant Partners) to discuss:
Fund contingency reserve accounts and
three Supreme Court of Appeal cases
The SCA, in all three cases, found Regulation 35(4) to the Pension Funds Act invalid with effect from 2 November 2020. As a result a fund’s board may now decide, in its discretion, how to deal with assets in a fund’s contingency reserve account, which assets may have remained largely untouched to date. We discuss the cases, the impact of the cases on a board’s actions and whether the Conduct of Financial Institutions Act is relevant to the conversation.
Cost: this is a free webinar, however, all attendees must register in advance using the link below.
You will receive an e-mail after you have registered. Any CPD points will be advised closer to the time. We look forward to seeing you there!
Friday 12 February 2021 09h00 – 10h00