The retirement system was a major change in the industry with assets to the value of R3.15 trillion managed by 887 active retirement funds for about 155 000 active employers in funds under FSCA supervision.
Corlia Buitendag, departmental head: Retirement Funds Conduct Supervision at the FSCA, said at a media roundtable on Friday that the successful implementation was thanks to all partners, including the pension funds industry, national treasury, SA Revenue Service, FSCA, labour and civil society.
Since the implementation of the system, the FSCA received 853 applications for rule amendments from pension funds and registered 837 registered (98% completion), with 11 applications still waiting for responses from industry and five with analysts for consideration.
هذه القصة مأخوذة من طبعة November 25, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 25, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Kat is out of the bag at Kempton
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Roccapina to rescue bettors
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Cup Day TAB bets open
BETTING: TWO HUGE CARRYOVERS, THREE JACKPOTS AND TWO BIPOTS ON OFFER
Larsen is an ace tactician
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Downs coach expects flak
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PRAISE FOR BOKS
RASSIE: HAPPY HOW SQUAD BOUGHT INTO STRATEGY
Cane leaves on a winning note
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Scotland dash Aussie Slam hopes
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Proteas women wilt in opener
T20I: BRAVE EFFORT BUT FAIL TO HOLD OFF ENGLAND
Odegaard having a huge influence
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