R300m a year: the price tag of administering the two-pot system
The FSCA is evaluating whether administration fees are reasonable. If it believes they are not, it will explore whether it is necessary to cap or regulate fees.
The FSCA is evaluating whether administration fees are reasonable. If it believes they are not, it will explore whether it is necessary to cap or regulate fees.
The Authority is seeking information on how much it costs retirement funds and administrators to adapt their systems for the new two-pot structure.
Discovery Corporate and Employee Benefits provides a checkist of what employers should be doing before 1 September.