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FSCA names employers that owe retirement fund contributions
The document lists 3 262 employers that are at least four months in arrears – and the worst offenders are 20 years behind.
Authority releases report on fines, debarments, investigations, and licence suspensions and withdrawals in 2023/24.
Read moreThe document lists 3 262 employers that are at least four months in arrears – and the worst offenders are 20 years behind.
Conduct Standard 1 of 2022 aims to help eradicate non-payment of retirement fund contributions by employers.
It explicitly places an onus on retirement funds to alert employers of their obligations under the Pension Funds Act.