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Compliance - Regulatory / PFA - Pension Fund Adjudicator

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19 October 2005

The pension funds adjudicator yesterday (18.10.05) issued the 69th ruling involving a RA Fund and exposed another concerning practice of interest charged by the Insurer on the loan account.

Some interesting rulings

Some interesting rulings

12 October 2005

In four of the matters, the parties had reached settlement agreements, therefore, it was unnecessary for the adjudicator to issue formal determinations. In the other 10 matters, formal determinations were issued.

Getting down to brass tacks

Getting down to brass tacks

09 September 2005

The complainant worked for Idaho Spur from 1991 to December 2000. During this time she made regular contributions to the Idaho Spur Provident Fund. Following termination of her service, she expected to receive her withdrawal benefit from the fund.

A big hit

A big hit

26 August 2005

A provisioning of R225m for PFA rulings related costs or expenditure was explained by Jim Sutcliffe, Old Mutual plc group executive, as not a mis-selling issue, but rather a cessation of the contract issue.

quick poll
Question

If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?

Answer
Return to sender?

Return to sender?

23 August 2005
20 and counting…

20 and counting…

17 August 2005
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