Financial Sector Conduct Authority (FSCA)

Our Employee Benefit actuaries are recognised by the Regulator as approved Valuators on both Defined Benefit and Defined Contribution funds. 

We further have a number of actuaries who are approved to serve as appointed Liquidator to retirement funds in terms of S28 of the  Pension Funds Act.

Actuaries in our company were are also on the panel of approved actuaries established by the Registrar in terms of section 15K(2)(b) of the Pension Funds Act. We have been appointed by the FSCA to serve on more than a dozen Surplus Tribunals.

Actuarial Society of South Africa (ASSA)

SNG ARGEN is a registered Actuarial Training Office (“ATO”) with the Actuarial Society of South Africa.

All our actuaries are Fellows of the Actuarial Society of Actuaries (FASSA) and are therefore subject to ASSA’s professional code of conduct.  To maintain the designation as Fellow, actuaries are further required to comply with the applicable Continuous Professional Development (CPD) scheme to ensure that professional standards are maintained and that they remain up to date with industry developments.

Our staff is actively involved in the profession in various volunteer positions, including the chair of the Professional Matters Board, two former chairs of the Retirement Matters Committee, member of various sector-specific committees (e.g. the Africa, Banking, Damages, RMC and CPD committees) and a chief examiner of the of the Pensions subject.

Institute and Faculty of Actuaries, UK (IFoA)

A number of our actuaries are also Fellows for the IFoA which allows them to serve in specific capacities around the globe (subject to specific additional regulatory approvals, where applicable).

One of our actuaries was previously a member of the IFoA’s Appeals Tribunal Panel, tasked with the professional conduct of the IFoA’s members.

Practising certificates

One of our actuaries in the Banking and Insurance team has an Actuarial Society of South Africa General insurance practising certificate and can therefore serve as the Head of Actuarial Function for short-term insurance companies.  All our retirement fund actuaries have the applicable practicing certificates from the Actuarial Society of South Africa to serve as valuators to Defined Benefit and/or Defined Contribution funds.”

GLOBACS and EURACS

SNG ARGEN is a member of EURACS, Europe’s oldest network of independent actuarial and pensions consultancy firms. We were the first firm accepted for membership from outside Europe. Through EURACS and the associated GLOBACS network, which links us to partner firms in the Americas and in the East, we regularly interact with actuarial colleagues across the world, to keep abreast of the latest developments.

Financial Planning Institute

A number of our staff are designated as Certified Financial Planners (CFP ®) and are therefore authorised to provide financial advice.