INVESTMENT ADMINISTRATORS GRANTED EXEMPTION IN TERMS OF SECTION 13B OF THE PENSION FUNDS ACT

Wednesday, August 28, 2013
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Investment administrators of pension and other funds regulated by the Pension Funds Act, 1956 (‘PFA’) will no doubt breathe a sigh of relief as they are no longer required to obtain and adhere to the regulatory requirements of section 13B(1) of the PFA and the Conditions for Administration of Pension Funds, 2002 (Board Notice 24 of 2002).

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