Company Information

Get to know Metal Industries Benefit Funds Administrators

Metal Industries Benefit Funds Administrators (MIBFA) is one of the largest and most well-established administrators of employee benefit funds in Southern Africa. Founded to manage and administer benefits for workers in the metal and engineering sectors, MIBFA provides a comprehensive "one-stop" service to over 10,000 employers and more than 430,000 members. Its core mission is the efficient administration of retirement funds (pension and provident), disability benefits, and death benefits, ensuring financial security for its members and their families.

Industry

Financial InsurancePRIMARY
Financial Other Service
Financial Wealth Management

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Metal Industries Benefit Funds Administrators

South Africa

Founded in

1957 (69 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.