Increase in Pension Complaints Highlights Employer Non-compliance
The Pension Funds Adjudicator has reported a 13% increase in complaints over the past financial year, with security guards being among the most affected. This rise is largely attributed to the implementation of the two-pot pension system in September 2024, which has exposed widespread employer non-compliance. According to Adjudicator Muvhango Lukhaimane’s 2024/25 annual report,…