Section 83: Pension Fund Administrative Expenses
(1)
All income earned from investment of pension funds under this Act shall be credited to the individual Retirement Savings Accounts of beneficiaries.
(2)
All fees, charges, costs and expenses on transactions made and properly delineated by the Pension Fund Administrators shall be debited from the pension fund, in line with regulations issued by the Commission, from time to time.
(3)
The Commission shall ensure that all information in brochures, advertisements, promotional materials and claims of Pension Fund Administrators are truthful in every way without omission of any fact which may make the information contained therein misleading, false or deceptive.
Cite this section
Section 83, PENSION REFORM ACT, 2014 (2014).
https://repo.podus.ai/laws/pension-reform-act-2014/section/83/