What were the challenges of the old Pensions system?

  • Pensions Alliance Trust Limited
  • Securing your future

The old pension’s law had a few limitations and challenges and as a result did not fully meet the requirements and expectations of a section of the public. Some of the key issues of concern were:

  • The amount of lump sums paid were seen to be uneconomical
  • The large  informal sector was not catered for
  • Low involvement of contributors
  • No regulator of the industry

The new Law therefore was aimed at addressing all these limitations and more.

Look deep into nature, and then you will understand everything better.

- Albert Einstein

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