Regulatory Alerts2018-03-31
Information Circular 4 of 2015: Request for Information Relating to Unclaimed Benefits
The Financial Services Board of South Africa requires all registered retirement funds to electronically submit complete lists of unclaimed benefits by 31 January 2016. This data will power a free public search platform that allows former members to identify potential unclaimed benefits using personal identifiers, thereby eliminating the need for costly tracing agents. All submitted records will be safeguarded under the Protection of Personal Information Act to prevent fraud while enabling members to obtain direct contact details for their respective funds.
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