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The Pension Funds Adjudicator Ms Muvhango Lukhaimane has ordered a retirement fund to pay a complainant his retirement benefit which had been withheld on the grounds that he had breached a clause in his contract relating to restraint of trade.
An employer has failed in its attempt to be repaid from death benefits for the loans it granted to the families of three deceased members to pay for funeral expenses.
The Pension Funds Adjudicator has started the New Year by ruling on a slew of complaints concerning the withholding of withdrawal benefits.
Recently we have shared a few of the financial services industry’s latest determinations. These determinations brought to light the seemingly dishonest state of the financial services industry, whereby a few intermediaries and insurers were taking advantage of policyholders and were acting unethically.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?