The purpose of these Guidehnes is to provide the basic procedures that shall be adhered to for services provided by Pension Fund Custodians (PFCs) in terms of the National Pensions Act, 2008 (Act 766), hereinafter referred to as the Act.
1.1 In developing these requirements, the National Pensions Regulatory Authority (NPRA) has provided Pension Fund Custodians with the minimum requirements as to how it could achieve the prudential objectives of the requirements.
1.2 Furthermore, these requirements are not intended to be all encompassing references to the Act and the Regulations shall always be taken into consideration.
