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Pension funds, by definition, are monies put aside on behalf of employees, which are then paid to them in monthly instalments upon retirement from full-time work. For millions of retirees, it’s the only source of living in old age. Many have toiled day and night for decades, putting a little on the side for upkeep in the twilight of their lives. The people in charge of the funds, Pension Fund Administrators, owe the utmost ‘fiduciary’ (i.e. sacred) duty to their members not to do anything that could put the funds in the slightest jeopardy. A breach of that duty quite rightly attracts the severest punishment under the law across all jurisdictions. The funds are to be treated not only with the highest due diligence, but also treated as if millions of lives depended on it, which indeed is the case. For employers, (be it government or company bosses), pension funds are the holy grails of investment savings; they are the nearest thing to God’s personal