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 four years. The current Board of Trustees will hold office until 31 December 2023.
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:
Full Name |
Term of Office ends |
Trustee Type (employer appointed/ member elected/ alternate) |
|
Assoc. Prof. Phillip de Jager |
31/12/2023 |
Chairperson/ Member Elected Trustee |
|
Mr Thando Tsotsobe |
31/12/2023 |
Deputy Chairperson/ Nominated Trustee |
|
Dr Karin Lehmann |
31/12/2023 |
Member Elected Trustee |
|
Mr Hardy Maritz |
31/12/2023 |
Member Elected Trustee |
|
Mr Paul Gaika |
31/12/2023 |
Member Elected Trustee |
|
Prof. Gizelle Willows |
31/12/2023 |
Member Elected Trustee |
|
Assoc. Prof. Shaun Parsons |
31/12/2023 |
Member Elected Trustee |
|
Ms Margaret Tainton |
31/12/2023 |
Member Elected Trustee |
|
Dr Tiri Chinyoka |
31/12/2023 | Alternate Member Elected Trustee | |
Ms Judith du Toit |
31/12/2023 | Employer Appointed Trustee | |
Ms Xolelwa Kakaza |
31/12/2023 | Employer Appointed Trustee | |
Ms Yolokazi Quwe |
31/12/2023 | Employer Appointed Trustee | |
Mr Glenn Hurlow |
31/12/2023 | Employer Appointed Trustee | |
Dr Reno Morar |
31/12/2023 | Employer Appointed Trustee | |
Ms Blanche Claasen-Hoskins |
31/12/2023 | Employer Appointed Trustee | |
Mr Tsatsi Ngcingwana |
31/12/2023 |
Alternate Employer Appointed Trustee |
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 |
Deputy Principal Officer | Mr William Nkutha |
Auditor | PriceWaterHouse Coopers (PWC) |
Administrator | Alexander Forbes Group Holdings Limited |
Employee Benefit Consultants | Simeka Consultants & Actuaries (Pty) Ltd. |
Investment Consultants | Sukha & Associates |
Registered Office of the UCTRF | Physical Address: Room 134 Bremner Building University Crescent Rondebosch Postal Address: |
Enquiries
021 650 2934
Please submit all comments or questions via this formFund website: www.uctrf.co.za
LinkedIn: www.linkedin.com/in/uctrf
Twitter: @uctrf