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PFA busy with complaints about withholding of withdrawal benefits

05 February 2014

The Pension Funds Adjudicator has started the New Year by ruling on a slew of complaints concerning the withholding of withdrawal benefits.

PFA takes the bull by the horns with important determinations

04 February 2014

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.

PFA resolves dispute over identity for death benefit payment

30 January 2014

A provident fund has failed in its attempt to dispute the identity of the claimant of a death benefit.

PFA orders funds administrator to refund termination charges

30 January 2014

The “dishonest” underwriter and administrator of a retirement fund has been ordered by the Pension Funds Adjudicator to pay into a complainant’s paid-up retirement annuity policy, all termination and causal event charges levied on the complainant’s fund value.

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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