Pension funds can no longer rely on technical grounds to reject the non-member's claim
The effect of the determination is that pension funds can no longer rely on some of the normal technical grounds in order to reject the non-member's claim to his/her portion of the divorce benefit in divorce matters in view of the Financial Services Laws General Amendment Act No 22 of 2008.
A new report warns that one in five Britons is not contributing anything towards a pension.