Pension beneficiaries | Over 4 million elegible people have not claimed their money

The Financial Sector Conduct Authority of South Africa or FSCA, is calling on the public to contact it to check whether they are eligible for pension benefits payouts. The organisation says more than 4 million South Africans are owed funds amounting to around R43 billion. And in their attempts to get their money, many fall prey to so-called independent tracing agents who promise to access it on their behalf for a fee. To tell us more, we're now joined by Sanele Magazi, who is the Retirement Funds Manager at FSCA. For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.