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Surplus legislation
Surplus legislation
For purposes of compliance with the new surplus legislation, is it possible that vesting scales may still be in place on retirement funds? By when must the vesting scales be abolished?
If a retirement fund has reserves in the fund's reserve account, will the employer be entitled to a portion of the reserves when it is divided up?
I am taking over a fund which has surplus. What will happen to the surplus? Can I still take over the fund?
I am taking over a fund which has surplus and putting it into the umbrella. What will happen to the surplus? Can I still take over the fund?
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