Who are Fund Administrators?
Fund Administrators are employed by Pension Fund Trustees to handle the day-to day operations of the fund. These include record keeping, contribution collection and benefit payments. Fund Administrators have a fiduciary duty to ensure that they administer pension funds in accordance with the provisions of the Pension and Provident Fund Act and the Fund Rules.
The Fund Administrators in Botswana include:
- Alexander Forbes Financial Services Botswana (Pty) Ltd;
- AON Botswana (Pty) Ltd;
- Fiducia Services (Pty) Ltd; and
- Mmila Fund Administrators (Pty) Ltd.
- NMG Administrators Botswana Proprietary Limited
