Pension Fund Administrator

SUMMARY:
Section 14 Administrator

POSITION INFO:
Section 14 Processing & Administration Documentation management: Prepare and process end-to-end Section 14 transfer-in and transfer-out documentation, including forms (Forms A, G, H, and J). Compliance submissions: Submit completed transfer packets to fund Valuators for financial soundness certification and secure Trustee approvals. Regulatory transmission: Submit signed documentation to receiving funds and the Financial Sector Conduct Authority (FSCA) for final certification. Asset & financial administration: Coordinate the disinvestment of assets from the market upon receiving FSCA approval certificates. Timeline tracking: Prepare transfer schedules to facilitate the movement of benefits within the statutory 60-day window Interest calculations: Calculate and apply late-payment interest when asset disinvestments or transfers exceed prescribed regulatory timelines. Recognition of Transfers (RoTs): Process accurate RoT schedules and match incoming benefits to corresponding contribution files.