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Key Takeaways From The DOL's

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All too often, retirement plan administrators and benefits
attorneys encounter situations with missing participants or
uncashed checks that result in head scratching and exasperation. It
is difficult to believe that trying to deliver money to someone
could produce such frustration, but it happens more than one would
think. In an attempt to alleviate some of these woes and help
ensure that participants and their beneficiaries receive the
retirement benefits due to them, the Department of Labor s
(DOL) Employee Benefits Security Administration (EBSA) came out ....

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Millions of South Africans are sitting on unclaimed benefits worth R42 billion

Millions of South Africans are sitting on unclaimed benefits worth R42 billion
There are almost 4.8 million South Africans who have unclaimed benefits worth a whopping R42 billion. Are you a beneficiary?
About 4.8 million South Africans have unclaimed pension benefits, according to the Financial Sector Conduct Authority (FSCA) and according to
Cape Talk, the unclaimed pension pot is said to be worth a whopping R42 billion. It seems millions of, perhaps, cash-strapped people may not know how to claim what is rightfully theirs.
Are you a beneficiary?
Africa Melane asked the Project Lead of Unclaimed Benefits at Liberty, Kabelo van der Merwe how to find out if you are one of the 4.8 million, and how to claim if you are. ....

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How to search if you are a beneficiary of an unclaimed pension

How to search if you are a beneficiary of an unclaimed pension
Updated
Poelano Malema
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Are you one of those South Africans with unclaimed pension or suspect that you could be a beneficiary? Here is how to find out.
Pension/ iStock
The total amount of unclaimed pension funds is reportedly R42-billion.
Kabelo van der Merwe, project lead of Unclaimed Benefits at Liberty, told Cape Talk that this is due to “a lack of knowledge and being unaware of the different avenues that need to be followed for one to claim their proceeds.”
According to FCSA, the following who have not already received their pension fund benefits can claim: ....

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South Africa is sitting with R42 billion in unclaimed pensions – here's how to search if you are a beneficiary

South Africa is sitting with R42 billion in unclaimed pensions – here’s how to search if you are a beneficiary
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Almost 4.8 million South Africans have unclaimed pension benefits, with the total pension pot worth an estimated R42 billion, says Kabelo van der Merwe, project lead of Unclaimed Benefits at Liberty.
In an interview with
Cape Talk, van der Merwe said that the Financial Sector Conduct Authority (FSCA) has established a search function on its website to check if you are the beneficiary of an unclaimed benefit.
She said that the search function allows you to type in the name of the person who has passed without anybody claiming the benefit. ....

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4.8 million South Africans have unclaimed benefits worth R42 billion

4.8 million South Africans have unclaimed benefits worth R42 billion - Liberty
7 April 2021 11:08 AM
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The money is safe and waiting for you to come forward, says Kabelo van der Merwe of Unclaimed Benefits at Liberty.
The unclaimed pension pot is worth R42 billion.
Millions of, perhaps, cash-strapped people may not know how to claim what is rightfully theirs.
Â© Maitree Boonkitphuwadon/123rf
Africa Melane asked Kabelo van der Merwe (Project Lead of Unclaimed Benefits at Liberty) how to find out if you are one of the 4.8 million, and how to claim if you are.
If you want to check if you are the beneficiary of an unclaimed benefit, ....

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