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De Beers Pension Fund
De Beers Pension Fund was established to administer retirement provisions for staff of De Beers Group. The sponsoring employer is the diamond mining company...
Overview
De Beers Pension Fund was established to administer retirement provisions for staff of De Beers Group. The sponsoring employer is the diamond mining company now owned by Anglo American. Coverage extends to operations in three southern African countries. The fund holds residential property at Homevale in Kimberley and commercial property at Kimberley House on Du Toitspan Road. It also maintains diamond exposure within its portfolio. Administration is shared with the De Beers Benefit Society medical aid scheme. Craig Coltman serves as current chairperson of the board of trustees. The fund reports to the Financial Sector Conduct Authority and participates in Financial Sector Transformation Council requirements.
General information
Firm type
Pension Fund
Year founded
2007
Location
Region
Africa
Country
South Africa
City
Kimberley
Corporate office
Kimberley, South Africa
Principals
Craig Coltman
Chairperson of the Board of Trustees
Frequently asked questions
Who runs investment decisions at De Beers Pension Fund?
Craig Coltman chairs the board of trustees. The board oversees investment policy and administration of the defined benefit and defined contribution plans.
What benefits does De Beers Pension Fund provide?
The fund provides retirement, disability and death benefits to eligible employees of De Beers in South Africa, Botswana and Namibia.
How is De Beers Pension Fund related to De Beers Group?
De Beers Group acts as the sponsoring employer. The pension fund covers the company's workforce across its southern African operations.
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