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Security guard pension board paid themselves for 493 meetings in a year

The Financial Services Tribunal says nine "incompetent" members of the fund that oversees the retirement benefits of security guards paid themselves unjustified fees for pointless meetings. ....

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FSCA sanctions trustees of Private Security Sector Provident Fund

The officials were found to have failed in their fiduciary duties due to actions including paying themselves to attend a golf day ....

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Watchdog orders massive fines, removal of trustees from security guards' retirement fund

SA’s financial watchdog has ordered that five members of the board of trustees of the Private Security Sector Provident Fund be removed for improper conduct, including receiving R8 000 for attending a golf day. ....

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