• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

See More

Allan Gray accused of gay discrimination

Mar 20 2013 08:24 Sapa


Related Articles

Allan Gray wins accolade

The new rules for pension savings

The best way to save for retirement

Best retirement options

New adjudicator appointed

Pension funds and tax incentives


Johannesburg - The Allan Gray Retirement Annuity Fund has ignored a court order to transfer money from the pension fund of one of its clients to his homosexual former partner, a law firm claimed on Tuesday.

Jurgens Bekker Attorneys, which represented Terry Van der Walt, said the High Court in Johannesburg made an order on December 18 that R120 000 be paid to his former partner from his pension fund after their relationship ended.

"The fund is discriminating against our client on the basis of his sexual orientation. Such discrimination is unlawful and infringes upon our client's rights to equality," attorney Carien van Greunen said.

"The fund's refusal to make payment in terms of the court order is based on the fund being of the opinion that a decree of divorce must be granted, and that the order given by the court does not constitute a divorce order (as between husband and wife)."

Allan Gray chief operating officer Rob Dower said the company would like to help Van der Walt and his former partner, but the law governing retirement funds did not allow it to do so.

"We acknowledge that there is a court order, but it is not an order in terms of the Divorce Act, as is explicitly required by the Pension Funds Act," he said.

"The sexual orientation of the couple is not relevant; a heterosexual couple, living together, would encounter the same problem if their relationship were to break up.

"This situation is not the making of Allan Gray or the Allan Gray Pension Preservation Fund, it is the consequence of the law."

Van Greunen said the fund was in contempt of court and the legal firm would move forward with an application to compel the fund to make the payment.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

allan gray  |  discrimination



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:


Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

Top 10 richest musicians of all time

Check out the gallery to find out who they are!


Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote