sanctionsothermedium impact18/08/2026, 11:05:14Confidence 65/100
PenCom to sanction PFAs as only 17% of RSA holders recaptured
The National Pension Commission (PenCom) has threatened to impose sanctions on Pension Fund Administrators (PFAs) for not meeting targets. Currently, only 17% of Retirement Savings Account holders have been recaptured. This situation may lead to regulatory actions against underperforming PFAs.
Claims & verification status
Likely
Only 17% of Retirement Savings Account holders have been recaptured by Pension Fund Administrators (PFAs).
Likely
The National Pension Commission (PenCom) has threatened to impose sanctions on Pension Fund Administrators (PFAs).
Attributed to: PenCom
+1 more claim on the 7-day Pro trial.