Pension Fund Mishap: Lost Time, Lost Money
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Mahlangus Pension Fund Nightmare: A Cautionary Tale
Mahlangu, a former municipal worker, lost his bid to recover over one million six hundred thousand rand from his pension fund. He attempted to transfer his pension to a preservation fund but discovered the transfer never happened years later. Despite his efforts to prove the funds negligence, the Financial Services Tribunal ruled against him, emphasizing the importance of staying informed and diligent about ones pension moves.
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