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Compliance - Regulatory

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Pension Board slammed by PFA for acting on unapproved rule

Pension Board slammed by PFA for acting on unapproved rule

Yet another complaint received by the Pension Funds Adjudicator Ms Muvhango Lukhaimane highlights the need for employees to ensure they are registered with a provident fund even though they may be paying provident fund contributions.

Pension Board slammed by PFA for acting on unapproved rule

Pension Board slammed by PFA for acting on unapproved rule

The board of a pension fund has been slammed by the Pension Funds Adjudicator for ignoring registered rules when computing a withdrawal benefit.

Determination: The Reformed Christians for Truth Church v Merit Legal

Determination: The Reformed Christians for Truth Church v Merit Legal

09 April 2014 | FAIS Ombudsman
Last will has no bearing on pension fund death benefit

Last will has no bearing on pension fund death benefit

A last will is not binding on a pension fund death benefit which is specifically excluded from forming part of the deceased estate.

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CASE 16:  late submission of claim under individual funeral plan

CASE 16: late submission of claim under individual funeral plan

08 April 2014 | Life Ombudsman
Slow pace of transformation in Investment industry needs attention says ABSIP

Slow pace of transformation in Investment industry needs attention says ABSIP

Misrepresentation damages the name of the industry

Misrepresentation damages the name of the industry

01 April 2014 | FAIS Ombudsman
Getting to the heart of the RDR debate may not be an easy issue

Getting to the heart of the RDR debate may not be an easy issue

31 March 2014 | General
Short-term industry under intense scrutiny

Short-term industry under intense scrutiny

26 March 2014 | General
Short-term insurance industry under intense scrutiny from regulator

Short-term insurance industry under intense scrutiny from regulator

25 March 2014 | General
Delay in implementing new BEE Codes will bring certainty but including Sector Codes by the new deadline could be too ambitious

Delay in implementing new BEE Codes will bring certainty but including Sector Codes by the new deadline could be too ambitious

19 March 2014 | BEE (Black Empowerment)
PFA ruling should urge employees to confirm they are in fact registered with a provident fund

PFA ruling should urge employees to confirm they are in fact registered with a provident fund