WATCH| Five million people owed R47 billion in unpaid funds
Michael Marchant speaks to Sakina Kamwendo about the nearly R50 billion in Unpaid Pensions that belong to almost 5 million people in Southern Africa
Newsletter |Holding Parliament Accountable for Unpaid Pensions
Nearly R50 billion. That is how much greedy and negligent pension funds and pension fund administrators owe to almost 5 million people in Southern Africa in unpaid pensions
Civil Society Organisations takes Financial Sector Regulator to Court
Media Statement Civil Society organisations take Financial Sector Regulator to court In December 2021, Open Secrets and the Unpaid Benefits Campaign (UBC), represented by the Centre for Applied Legal Studies (CALS), brought an application in the Gauteng High Court against the Financial Sector Conduct Authority (FSCA). In the spirit of greater transparency and responsiveness to…
Power Business with Tumisang Ndlovu: Open Secrets and the Unpaid Benefits Campaign (UBC)
Tumisang Ndlovu speaks to Michael Marchant, researcher – Investigations and Advocacy – Open Secrets and the Unpaid Benefits Campaign about the Financial Sector Conduct Authority (FSCA) commissioner appointments process.
Countless South Africans are owed pension benefits, and yet claiming is a constant battle
Mamello Mosiana | Daily Maverick | 17 June 2020 | While few immediately associate youth issues with pensions, the reality is that many young people actively participate in and even depend on the pensions industry. This includes their participation in the ongoing struggle of millions to access more than R42-billion in pension benefits owed to…
The Unpaid Pensions Youth- the Millions Beyond the Bottom Line
16 June 2020 | Mamello Mosiana | While few immediately associate youth issues with pensions, the reality is that many young people both actively participate in, and depend on, the pensions industry. This includes their participation in the ongoing struggle of millions to access over R42 billion in pension benefits owed to individuals and families,…
HENNIE VAN VUUREN & MIKE MARCHANT: Is Tito Mboweni asleep at the wheel?
Business Live | 11 June 2020 | Questionable appointments, or failure to appoint people, remain a blot on the finance minister’s copybook. It raises the question: has he lost interest? Tito Mboweni is a politician wrapped in contradiction. He clearly thrives on the warm affirmation he elicits from his 778,000 Twitter followers. He knows how…
The Tim Modise Syndicate With Mike Marchant
10 May 2020 | You may be facing hardship but what if you’re owed money? Michael Marchant of Open Secrets of tells me there’s R43b in retirement funds owing to 5m beneficiaries & they don’t know about it. Find out how you can claim in this podcast.
Unpaid Pension Benefits: The billions that could help millions face Covid-19 fallout
Michael Marchant | Daily Maverick | 8 May 2020 | In the context of a strained fiscus and a dysfunctional social security agency – freeing up private assets that are owed to poor and vulnerable individuals could also go a long way to supporting the increase in social welfare grants. It is in this context…
MICHAEL MARCHANT: No accountability at Liberty Life
After hounding out the whistleblower who exposed Liberty Life’s disastrous pension fund cancellations programme, the insurer has sat on its hands. It is extraordinary to see how pension industry insiders leap to defend insurance behemoth Liberty Life for its scandalous handling of the unlawful cancellation of hundreds of pension funds. A recent investigative report by…