Retirement fund must make up for a member’s lost investment growth
The member’s benefit was transferred from the money market investment into the fund’s business account.
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Read moreThe member’s benefit was transferred from the money market investment into the fund’s business account.
The FSCA is ramping up its efforts to trace unclaimed benefits and wants retirement funds and administrators to provide it with information, every three months, about their paid-up members, in addition to information […]