The Financial Sector Conduct Authority (FSCA) is an independent institution, established by statute to oversee the South African non-banking financial industry to protect clients.

In the Retirement Fund industry, their mission is to promote a safe and stable environment for members of Retirement Funds and Friendly Societies, so that obligations of all stakeholders are met when due through our commitment, professionalism and teamwork.

In a nutshell, the FSCA is responsible for the following with regards to Retirement Funds:

  • Departmental Structure
  • Licensing and Registration
  • Registration of Pension Fund rules and Amendments thereto
  • Licensing of 13B administrator
  • Prudential
  • Monitor Financial Soundness of Funds
  • Monitor Compliance with Prudential investment  guidelines
  • Supervision of liquidations
  • Surveillance and Enforcement
  • On-Site visits
  • Risk-Based Supervision
  • Complaints
  • Research and Policy
  • Changes to legislation
  • Issue of Directives, circulars and information circulars

Click on their link below to read in more detail about the FSCA

click here for all CRF forms

Check forms for the applicable forms to download and complete.

How to join the CRFund