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PFA: It pays to check the fees deducted from your RA policy

02 October 2014

It pays to check the fees deducted for your retirement annuity policy. Administrators of funds sometimes do make mistakes.

The PFA paints a poor TCF picture of the retirement industry

25 June 2014

Treating Customers Fairly (TCF) is a principle’s based approach to the Financial Services Industry and regulates how product providers should be treating customers. The principles have been in place since the beginning of the year, and despite the fact that the principles have not been formalised in legislation, the Financial Services Board (FSB) is expecting all companies to adhere to these principles.

PFA urges speeding up of “Treating Customers Fairly” law

18 June 2014

The “Treating Customers Fairly” legislation proposed by the National Treasury must be finalised in order to ensure consumers are enlightened by providers of financial products to enable them to make informed choices, says the Pension Funds Adjudicator.

Retirement fund ordered to explain investment management fee

18 June 2014

A retirement annuity fund hasbeen ordered by the Pension Funds Adjudicator to explain in detail how a 1% management fee was calculated for an investment.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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