What is the goal
of the fund?
The Legal Provident Fund was registered in 1967 as an independent body for the legal profession and since then via its body of trustees has been providing member employees with retirement, death and disability benefits. The fund is a defined contribution provident fund. It is registered as an umbrella fund which allows it to have multiple participating employers.
Who can join
The fund is open to employees, directors and partners. It is also open to employees of advocates and advocates’ groups. Sole practitioners and advocates are not “employees” in terms of law and cannot join any pension or provident fund. They can take out a policy for individuals such as a retirement annuity. Most law firms do not have enough employees to be able to set up their own retirement funds. Through the fund, the employees of the individual firms are pooled to negotiate good benefits and affordable premiums.
The fund has been administered by Alexander Forbes since 2004. Alexander Forbes has an 81 year track record in providing employee benefit solutions. For more information about Alexander Forbes please visit www.alexanderforbes.co.za.
To make the benefits of the fund easier to understand we have simplified the detail on this website. The website is for information purposes only and does not supersede the rules of the fund or the insurer’s policies. In the event of there being a discrepancy, the rules of the fund or the insurers policies will prevail. This documentation is available to all participating employers.
Request a quotation:
For a confidential benefit and cost quotation please e mail the fund’s consultant Megan Webber at email@example.com. The quotation will be sent to you via e mail. Alternatively please complete the form below and Megan will make contact with you.