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info@radiopanache.co.za Johannesburg, Gauteng, RSA

News24 | R6bn in mismanaged pensions: Workers lose out as employers fail to transfer contributions

Every month, thousands of employers countrywide fail to transfer their employees’ pension fund contributions to the retirement funds. The outstanding payments amount to at least R6 billion, says the Financial Sector Conduct Authority (FSCA) in a new report.

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