$1.$ Your client is a member of a pension preservation fund. He wants to know how the default regulations apply to him. Choose the correct answer.

His employer will be allowed to choose the default investment portfolio that applies to him if the fund rules allow it$.$

If he decides not to take a retirement benefit when he reaches the normal retirement age of the Fund, the Fund must give him a paid$-$up membership certificate within two calendar months.

He will be given access to a retirement benefits counsellor, who must be a registered financial services provider $($FSP$)$ or a financial adviser in terms of the FAIS Act.

All of the above.

None of the above