Nampak pension fund vs Nampak provident fund over members’ share of surplus accounts
Financial Services Tribunal considers the Adjudicator’s powers relating to section 14 transfers
Financial Services Tribunal considers the Adjudicator’s powers relating to section 14 transfers
The Adjudicator also failed to apply the Pension Fund’s Act prescription provision correctly, tribunal says.
Pension Funds Adjudicator also failed to appreciate the prospect that Absa’s civil claim would succeed, says the tribunal.
Adjudicator said the fund was ‘wrong’ to rely on the fact that the sons were not financial dependants.
A decision by a pension fund was referred to the Pension Funds Adjudicator’s office, and subsequently to the Financial Services Tribunal by the disgruntled siblings of the deceased. Background After the death of […]
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