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The FSCA publishes its Regulation Plan for the next three years (2022 – 2025)

04 July 2022 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) yesterday published its Regulation Plan for the next three years (2022 – 2025). The FSCA’s Regulation Plan is intended to support the FSCA in managing and navigating how it carries out ongoing legislative review and development of the regulatory framework, in line with its strategic objectives over the course of the next three years.

Adjudicator sets the record straight on the protection of Pension Benefits (Bokamoso Retirement Fund vs Pension Funds Adjudicator)

30 June 2022 | PFA - Pension Fund Adjudicator

Commenting on a recent draft order endorsed by Crutchfield J in the Johannesburg High Court, the Pension Funds Adjudicator, Adv Muvhango Lukhaimane, said that there should be no reason for members of retirement funds to panic who may falsely be led to believe that their benefits are now capable of being ceded, pledged, or hypothecated.

Intensified tracing efforts place unclaimed assets of R22.7 billion in the hands of customers, beneficiaries and heirs

30 June 2022 | Association for Savings & Investment SA (ASISA)

Members of the Association for Savings and Investment South Africa (ASISA) united policyholders, beneficiaries, investors and heirs with unclaimed assets worth R22.7 billion in 2021. The assets were held in 77 790 risk policies, savings and investment policies, annuity polices and accounts in Collective Investment Scheme (CIS) portfolios.

High Court dismisses and sets aside a Pensions Funds Adjudicator’s determination in a matter involving Bokamoso

29 June 2022 | PFA - Pension Fund Adjudicator

The Bokamoso Retirement Fund (Bokamoso) welcomes the judgement of Judge Crutchfield of the High Court, Gauteng Local Division that dismissed and set aside an erroneous determination of the Pensions Funds Adjudicator (PFA).

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