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R45 billion in pension savings have not been claimed - a new central fund may now be created

R45 billion in pension savings have not been claimed - a new central fund may now be created
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

Developments in the retirement funds sector

Developments in the retirement funds sector
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

More than 4 5m retirement fund members have R45bn in unclaimed benefits – FSCA

More than 4 5m retirement fund members have R45bn in unclaimed benefits – FSCA
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

Minister Tito Mboweni appoints Unathi Kamlana as Commissioner of the Financial Sector Conduct Authority

Minister Tito Mboweni appoints Unathi Kamlana as Commissioner of the Financial Sector Conduct Authority Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With. Clear Search Sponsored by Sponsored by The Minister of Finance, Mr Tito Mboweni, has in terms of section 61(1), read with section 63(1) of the Financial Sector Regulation Act No. 9 of 2017 (FSR Act), appointed Mr Unathi Kamlana as Commissioner of the Financial Sector Conduct Authority (FSCA).

Adjudicator slams pension fund for ignoring emails

Adjudicator slams pension fund for ignoring emails By Supplied Share A pension fund’s reluctance to respond to the Pension Fund Adjudicator about a complaint, despite being approached to do so on no less than four occasions, has been referred to the Financial Sector Conduct Authority (FSCA). The FSCA is responsible for market conduct regulation and supervision, ensuring a fair and stable financial market where consumers are informed and protected. In this case, a woman lodged a complaint with the adjudicator that she had not been paid her divorce benefit by the Municipal Employees Pension Fund. In terms of her divorce settlement agreement, she was entitled to 50% of her ex-husband’s pension interest (the amount he had accumulated in his pension fund).

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