IPEC to dissolve 350 pension funds

PHILLIMON MHLANGA   The Insurance and Pensions Commission (IPEC) will dissolve over 350 pension funds that have become inactive arising from the incapacity of sponsoring employers, Business Times can report. The pensions sector has close to 980 registered funds. The struggling sponsoring employers are finding it difficult  to resume contributions to the funds, leaving the funds financially unsound….