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Around five million South Africans have unclaimed pension benefits, with the total pension pot now worth an estimated R44.9 billion, says the Financial Sector… ....
Its formation comes as National Treasury reviews Regulation 28 of the Pension Funds Act to make it easier for retirement funds to invest in infrastructure. ....
The people that South Africans rely on to protect them and their properties are, in turn, in need of protection. Employers are not honouring pension fund commitments and a mandatory fund is accused of misgovernance. ....
R45bn retirement fund benefits unclaimed as 'beneficiaries could have passed on' 702.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 702.co.za Daily Mail and Mail on Sunday newspapers.