Explore the Category

Pension Funds profiteer at expense of members' benefit, says PFA

15 March 2019

It is rather unfortunate that while a pension benefit is meant to provide for retirement, pension funds see nothing wrong in making excessive profits whilst eroding any value on the members’ part, said the Pension Funds Adjudicator.

Pension Fund rapped for ignoring treating customers fairly rules

07 March 2019

Members of pension funds must be kept appropriately informed before, during and after entering into contracts, the Pension Funds Adjudicator has warned.

Some municipalities putting pension benefits at risk

01 March 2019

It is unacceptable that some municipalities fail to pay contributions to pension funds in respect of employees, despite the amount being deducted from the salary, said the Pension Funds Adjudicator.

Pension fund ordered to relook death benefit payment

22 February 2019

A pension fund should have exercised better discretion when allocating a more than R1-million death benefit to the deceased’s 75-year old mother who already received a State grant, to the total exclusion of his former life partner, the Pension Funds Adjudicator has ruled.

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

View the Results