Provident fund declines to pay R250k benefit to missing man's wife
A provident fund has refused to pay a benefit of more than R250,000 to a woman whose husband went missing in 2020.
Source: sowetanlive.co.za
Muvhango Lukhaimane News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Muvhango Lukhaimane. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Muvhango Lukhaimane Today - Breaking & Trending Today
Retirement fund beneficiary nominations are a guide and not set in stone
Fund trustees may award benefits pending their investigation as to who is actually financially dependent on you at the time of your death.
Source: dailymaverick.co.za
Pension Fund complaints surge amid trust and accountability concerns
The adjudicator received 9 190 new complaints about pension funds in 2022/23, 4% more than the previous year and 24% more than in 2020/21.
Source: citizen.co.za
Pension fund complaints rise on back of consumer rights awareness and trust in regulators
Pension Funds Adjudicator Muvhango Lukhaimane says her office received 9,190 complaints during the 2022/23 fiscal year, of which 77% were received via electronic and online channels. A total of 2,559 complaints were carried over from the previous year, and 7,809 complaints were finalised during...
Source: dailymaverick.co.za
Pension Funds Adjudicator calls out Private Security Sector Provident Fund and administrator for failing to pay retirement fund contributions
The Office of the Pension Funds Adjudicator has told Daily Maverick that between 1 April 2022 and 31 March 2023, it received 3,771 complaints and finalised 2,388.
Source: dailymaverick.co.za