The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Retirements Benefits Authority wants pension funds for public entities not to be categorised as public funds. [Courtesy]
The Retirements Benefits Authority (RBA) will now slap pension fund managers and administrators with a Sh100,000 for late submission of their audited financials statements.
The regulator in proposed amendments to the RBA Act also wants pension funds for public entities not to be categorised as public funds.
Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.