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Financial Sector Conduct Authority names over 3,200 employers who have defaulted on making retirement contributions for their staff members

Financial Sector Conduct Authority names over 3,200 employers who have defaulted on making retirement contributions for their staff members

Drama/Umdlalo womoya · UKHOZI FM

September 7, 20238m 53s

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Show Notes

 Above three-thousand employers have been identified by the Financial Sector Conduct Authority (FSCA) as being behind on retirement contributions for their staff members by more than four months. Some employers owe money for more than 252 months. Other benefits, such risk benefits, are also impacted while the members' retirement benefits are jeopardized. Sakina Kamwendo spoke to Manager of the Retirement Fund Conduct Supervision at Financial Sector Conduct Authority, Takalani Lukhaimane.