Pension Fund

Updated:

AECI Pension Fund

The AECI Pension Fund was established to deliver retirement benefits to employees of AECI Limited, the sponsoring employer. In August 2015 the fund converted...

AECI Pension Fund logo

AECI Pension Fund

The AECI Pension Fund was established to deliver retirement benefits to employees of AECI Limited, the sponsoring employer. In August 2015 the fund converted its benefit structure from defined benefit to defined contribution. Trustees thereafter initiated wind-down procedures and began allocating residual holdings. Confirmed assets include Woodlands Office Park in Sandton, Somerset Mall in Somerset West, the Courtyard Portfolio, and Employer Surplus Accounts. Sycom Property Fund acquired the fund's interests in Woodlands Office Park and Somerset Mall. The Financial Sector Conduct Authority oversees the liquidation process under the Pension Funds Act. No additional offices, professional headcount, or adjacent vehicles are disclosed. The fund maintains registration with the Financial Sector Conduct Authority.

General information

Firm type

Pension Fund

Location

Region

Africa

Country

South Africa

City

Sandton

Corporate office

Sandton, South Africa

Frequently asked questions

Who sponsors the AECI Pension Fund?

AECI Limited serves as the sponsoring employer for the pension fund.

What change occurred to the fund's benefit structure in 2015?

The fund converted from defined benefit to defined contribution in August 2015.

What is the current status of the AECI Pension Fund?

Trustees are winding down the fund and allocating residual assets.

Which regulatory body oversees the fund?

The Financial Sector Conduct Authority registers and supervises the fund under the Pension Funds Act.

Which properties have been linked to the fund's holdings?

Woodlands Office Park, Somerset Mall, and the Courtyard Portfolio appear among the fund's assets.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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