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Tag Archives | Pension Fund Adjudicator

Withholding of Pension Withdrawal Benefits

A recent determination by the Pension Funds Adjudicator concerns an employer’s decision to instruct the administrator of the pension fund to withhold the complainant’s withdrawal benefits after terminating his service. In their response to a complaint in this regard, the employers held that their actions sprang from losses incurred as a result of the complainant […]

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Consumer Protection and the Regulators

Retirement Annuities are making the headlines, again, but for the wrong reasons. The most recent determination by the Pension Fund Adjudicator (PFA) made the headlines in Personal Finance, and was followed by a similar story in Moneyweb a few days later. In the latest finding, the PFA asked an independent actuary to calculate the penalties […]

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