Regulatory Alerts2026-07-08
Added
Retrospective Effective Date of Rules in Respect of Prospective Participating Employers Under Umbrella Funds
The Registrar of Pension Funds declares that collecting pension contributions and providing benefits to employees of prospective participating employers prior to the approval and registration of applicable fund rules is unlawful. Umbrella funds must desist from admitting such employees or processing contributions until the relevant rule amendments are approved and registered under Section 12 of the Pension Funds Act. Rule amendments regarding participating employers have no binding effect before this registration is completed.
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