Regulation for the Transfer of Retirement Savings Account

Regulation for the Transfer of Retirement Savings Account

REGULATION FOR THE TRANSFER OF RETIREMENT SAVINGS ACCOUNTS

Section 13 of the Pension Reform Act (PRA) 2014 specifies that a Retirement Savings Account (RSA) Holder may transfer his RSA from one Pension Fund Administrator (PFA) to another. It further specifies that such transfer should not be more than once a year. To facilitate the implementation of Section 13 of the PRA 2014, the […]

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