Ruan Jooste | Daily Maverick | 7 November 2019 | There is a mountain of money, R42bn to be exact, sitting in unclaimed benefit schemes out there, just sitting there, getting fatter, which means money for jam for the fund managers, but doesn’t afford any jam to the estimated four million people who own this…
Sarah Smit | Mail & Guardian | 5 November 2019 | An “angry, distrustful and even vengeful woman”. This is how whistleblower Rosemary Hunter was described in an affidavit to the high court by her one-time boss, erstwhile Financial Services Board (FSB) chief executive Dube Tshidi. The former deputy registrar of pensions can laugh it…
While politics continues to focus the public’s attention, many may be losing out on their pensions. The network is joined by Open Secrets’ Investigator Michael Marchant to discuss this matter. Courtesy #DStv403
Weekend Breakfast with Africa Melane | 702 | 26 October 2019 | Whistle blower Rosemary Hunter faced massive opposition when she called out her colleagues at the Financial services board for irregularities relating to cancelled pension schemes. As we stand, there is R42 billion in benefits is owed to over 4 million pensioners and pension…
Pension fund industry continues to profit from the R42-billion owed to the four million South Africans still waiting to be paid their pensions.
ENCA | 24 October 2019 | JOHANNESBURG – More than four million people are apparently waiting for pension payouts. Non-profit organisation Open Secrets said these benefits amount to more than R42-billion. Thomas Malokotsa is still waiting for benefits from his deceased father’s pension fund, more than 30 years after his death. Malokotsa joined the Unpaid Benefits Campaign…
OFM | 24 October 2019 More than four million people are apparently waiting for pension payouts. Non-profit organisation Open Secrets said these benefits amount to more than R42-billion. Thomas Malokotsa is still waiting for benefits from his deceased father’s pension fund, more than 30 years after his death. Malokotsa joined the Unpaid Benefits Campaign in…
The massive theft of pensions should be called a crime, but because it has been perpetrated by corporate South Africa, it is put down to regulatory failure.
Carin Smith | fin 24 | 23 October 2019 | A new investigative report released by advocacy group Open Secrets on Wednesday evening aims to put pressure on authorities to hold accountable those who wrongly deregistered a large number of pension funds, affecting thousands of people. According to the report, entitled The Bottom Line, Who Profits…
22 October 2019 | SABC News | Tonight we look at an explosive new report on pension money in South Africa. Specifically unclaimed funds that could help millions of poor people. It will be released by the advocacy group, Open Secrets, on Wednesday. But we can bring you this exclusive, early look tonight. The report…