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Pension Fund owed an estimated R58-M by Municipality

16 April 2019

The Kopanong Local Municipality in the Free State failed to pay an estimated R58 million in contributions on behalf of its members to a pension fund.

Pension fund members must complete their own beneficiary forms

28 March 2019

Members of pension funds who have legal dependants must complete a beneficiary nomination form themselves, said the Pension Funds Adjudicator.

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.

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