UCTRF Management
The UCTRF is managed by a Board of Trustees. The Trustees appoint a Principal Officer who is responsible for the day-to-day running of the UCTRF. The Trustees are responsible for all the decisions made in the UCTRF and have to ensure that members' and Beneficiaries’ interests are protected at all times. The Board has access to retirement industry experts and specialists where necessary.
The Board of Trustees of the UCTRF consists of 14 Trustees. Seven are elected by members of the UCTRF. The other seven are nominated by the Employer.
Member elected and Employer appointed Trustees also have Alternate Trustees, should one of them not be able to attend a Board meeting, or resign. The Employer appoints one Alternate Trustee and one or more Alternate Member Trustee/s are appointed from those who receive the next highest number of votes during member Trustee elections.
The Trustees hold office for a period of three years. The current Board of Trustees will hold office until 31 December 2019.
The Trustees have a fiduciary duty to act in the best interests of the members.
The Trustees meet at least four times a year. Furthermore, in order to facilitate the smooth running of the UCTRF, the Trustees have set-up a number of Committees.
The six main Committees of the Board are the:
The Trustees
The current Trustees are:
DESIGNATION | NAME |
Employer Trustees | Mr Smartdryck Abrahams |
Mr Emlyn Balarin | |
Dr Joel Chigada | |
Ms Joanna Legutko | |
Ms Yolokazi Quwe | |
Prof. Steve Richardson | |
Prof. Anton le Roex | |
Member Trustees | Associate Prof. Phillip de Jager (Chair) |
Ms Judith du Toit | |
Ms Lesley Haddow | |
Ms Tracy Johnson | |
Ms Karin Lehmann | |
Mr Hardy Maritz | |
Ms Margie Tainton | |
Principal Officer | Ms Penny Fabre |
Deputy Principal Officer | Mr William Nkutha |
The Alternate Trustees
Prof. Jan Glazewski
Mr Glenn Hurlow
Office Bearers
The Board of Trustees receives assistance on UCTRF matters from the following industry experts and specialists:
DESIGNATION | NAME |
Principal Officer | Ms Penny Fabre |
Auditor | PriceWaterHouse Coopers (PWC) |
Actuary | Willis Towers Watson |
Administrator | Sanlam Employee Benefits (Pty) Ltd |
Employee Benefit Consultants | Simeka Consultants & Actuaries (Pty) Ltd. |
Investment Consultants | Willis Towers Watson |
Registered Office of the UCTRF | Physical Address: Room 134 Bremner Building University Crescent Rondebosch Postal Address: |
Enquiries
021 650 2934
Please send all comments or questions to:UCTRF-enquiries@uct.ac.za
Fund website:
www.uctrf.co.za