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FSB warns against fake agents tracing unclaimed pension benefits

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The public is being warned about fake tracing agents who claim to track unclaimed pension benefits for a fee. According to the Financial Services Board, more than R40 billion is yet to be claimed in retirement funds. This delay in claims is attracting fraudsters to pose as tracing agents promising to claim thousands of rand from pension funds on people's behalf, mostly pensioners. The FSB says it will establish an SMS line where the public can inquire free of charge.For more news, visit: http://www.sabc.co.za/news

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SABC News actuality world news local news FSB Financial Services Board Gauteng
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