FSCA: Number of employers defaulting on pension funds surges
The Financial Sector Conduct Authority has raised concerns over a sharp increase in employers failing to pay pension fund contributions.” X | @SABCNews_Radio | [LISTEN] Number of employers who fail to meet their pension fund obligations on the riseThe authority’s Takalani Lukhaimane says, “We’ve got about 600,000 members that are affected, and as at 28 February this year, 45% of that is actually late payment interest.
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