Explore the Category

Financial Services Tribunal upholds PFA’S rulings on fund transfers

30 November 2023

The Financial Services Tribunal has dismissed an application by the Municipal Employees’ Pension Fund for reconsideration of a determination by the Pension Funds Adjudicator on a complaint by a member relating to pensionable service upon retirement which greatly impacts benefits.

PFA bemoans conduct of Mafoko Security Patrols

07 November 2023

The Office of the Pension Funds Adjudicator has been inundated with almost 1000 complaints by security officers about their employer Mafoko Security Patrols who they say deducted contributions from their salaries but did not pay it over to the fund.

Rise in complaints due to trust in Office of Pension Funds Adjudicator

24 October 2023

There has been an upward trend in new complaints reaching the Office of the Pension Funds Adjudicator (OPFA), moving towards pre-Covid levels.

PFA says beneficiaries deserve compensation for undue delays

22 August 2023

The Office of the Pension Funds Adjudicator has been inundated by a raft of complaints about unnecessary delays in the payment of death benefits.

quick poll

Question

The Leo Cash and Carry transfer of 4405 bitcoins is a reminder to consider exchange control regulations before moving cash or crypto offshore. How do you approach exchange control compliance?

Answer

Blockchain knowns no borders Clearance first, always Decentralised means deniable? Who has more than R11 million to transfer?

View the Results