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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. ....

South Africa , Anna Maoko , Cobus Bodenstein , Zithulise Mqadi , Marchel Coetzee , Jonnes Hlatswayo , Financial Sector Conduct Authority , Financial Services Tribunal , Security Sector Provident Fund , Private Security Sector Provident Fund , Security Guards ,

Pension Funds Adjudicator deals with employers deducting higher amounts from employee salaries for Covid concession

Pension Funds Adjudicator deals with employers deducting higher amounts from employee salaries for Covid concession
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South Africa , Muvhango Lukhaimane , Security Sector Provident Fund , Office Of The Pension Funds Adjudicator , Bamogale Enterprise Pty Ltd , Pension Funds Adjudicator , Pension Funds Adjudicator Muvhango Lukhaimane , Bamogale Enterprise , Private Security Sector Provident ,

Private Security Sector Provident Fund seeks court order that compels security company to make outstanding payments

The provident fund resolved to take Mafoko to court to be able to obtain the accurate schedules and outstanding contributions that would enable the fund to reconcile contributions made by employers with respect to each of the employees and determine whether the contribution rate had been paid to the fund. ....

South Africa , Security Sector Provident Fund , Private Security Sector Provident Fund , Mafoko Security Patrols , Sandile Khumalo , Afoko Security Patrol ,

Half a million security guards may go on strike soon, unions warn

Unions in the private security sector are preparing for a national strike next month which could see over 500 000 security guards down tools in the sector. ....

South Africa , South African , Wahl Bartmann , Fidelity Services Group , Workers Union Detawu Vusi Ntshangase , Kungwini Amalgamated Workers Union Kawu , Security Sector Provident Fund , Workers Union Satawu , Kungwini Amalgamated Workers Union , Private Security Sector Provident Fund , Saftu Aligned Democratised Transport Logistics , Allied Workers Union , Vusi Ntshangase , Cosatu Aligned South African Transport ,

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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