US EditionFSCA overstepped its authority on retirement fund exemption time limit – Moonstone Information Refinery
Summary by Moonstone
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
All
Left
Center
Right
FSCA overstepped its authority on retirement fund exemption time limit – Moonstone Information Refinery
The Financial Sector Conduct Authority does not have the statutory power to impose time limits on exemptions granted to retirement funds, such as the exemption from holding direct member elections for their boards. In decision handed down last week, the Financial Services Tribunal (FST) ruled that such conditions are ultra vires (beyond the FSCA’s legal authority) because the Pension Funds Act (PFA) does not authorise them. The reconsideration a…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
