News & Events

News & Events

OUTSTANDING PENSION CONTRIBUTIONS IN THE ACCOUNTS OF PENSION FUND ADMINISTRATORS (PFAs)

The Pension Reform Act 2014 (PRA 2014) mandates employers with three or more employees to remit pension contributions into the Retirement Savings Accounts (RSAs) of their employees with Pension Fund Administrators (PFAs). The PRA 2014 further mandates employers to remit the pension contributions of their employees who are yet to open RSAs into nominal RSAs with any PFA chosen at the employers’ discretion.

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ADVISORY ON ILLEGAL FINANCIAL OPERATORS

The Financial Services Regulation and Coordinating Committee (FSRCC), in collaboration with National Broadcasting Commission (NBC), wishes to draw the attention of the public to the worrisome increase in the activities […]

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