Fairheads Times January 2017

by | Jan 10, 2017 | Fairheads Times

Children playing in a sandpit

According to the Financial Services Board, registered unclaimed benefit funds currently hold around R7.5 billion in assets on behalf of close to 1 million members. That’s around R7 500 per member that’s sitting in unclaimed funds, generating administration fees for the administrator and investment fees for the investment manager.

Fairheads Times January 2017

Fairheads