Unclaimed SA pensions worth billions - FSB

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SOUTH AFRICA - The total value of unclaimed pensions could run into billions of Rands, the Financial Services Board (FSB) announced.

While the exact amount would be difficult to determine, analysis of stats from just 1000 of the nation’s 16000 pension funds had already turned up R970m (US$153m) in unclaimed pensions. There ar...

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