Your client, the Tobac Provident Fund, is considering whether to offer their members individual investment choices. Which of the following statements are incorrect? The board of trustees of the Fund may delegate the responsibility of the investments of a member$$s own portion of the fund$$s assets; provided that members are made aware that the member will then be accountable for the performance of their own assets and the board of trustees will not have the responsibility of monitoring the performance of those assets. Members must understand that once they have opted to exercise their own investment choice, they cannot change their mind again and their benefit will be invested in the selected portfolio until they are entitled to receive the fund benefit. The assets representing the benefits of members who opted to exercise their own investment choice, do not have the protection that regulation $28$ of the Pension Funds Act $24$ of $1956$ offers. Funds who offer individual investment choices must be clear in their communication to members that if members do not make an investment choice, the board of trustees may invest their benefit in a default investment portfolio where they will be locked into and members may not be able to transfer their retirement savings from the default investment portfolio to any other investment portfolio. All of the above.