{"id":182628,"date":"2024-10-16T05:46:11","date_gmt":"2024-10-16T03:46:11","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/lesotho\/lesotho-why-lesothos-pension-funds-act-is-expensive-to-administer\/"},"modified":"2024-10-16T05:46:11","modified_gmt":"2024-10-16T03:46:11","slug":"lesotho-why-lesothos-pension-funds-act-is-expensive-to-administer","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/lesotho\/lesotho-why-lesothos-pension-funds-act-is-expensive-to-administer\/","title":{"rendered":"Lesotho: Why Lesotho&#8217;s Pension Funds Act Is Expensive to Administer?"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"55\"><em>W<\/em>hen I first read the Pension Funds Act 2019 (PFA), my impression was that it is an expensive legislation to administer. But the fact that it is expensive is not a bad thing. In fact, this maybe one of its positive aspects as I will argue in this article. Let me start from the beginning.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"90\">The PFA was enacted to achieve two broad policy goals: (1) to protect the interests of contributors to the fund and (2) to grow the domestic capital market by requiring local investment of funds. There is no doubt&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202410150640.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Lesotho\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/lesotho\/\">Lesotho<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I first read the Pension Funds Act 2019 (PFA), my impression was that it is an expensive legislation to administer. But the fact that it is expensive is not a bad thing. In fact, this maybe one of its positive aspects as I will argue in this article. Let me start from the beginning. [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":182629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[1406],"tags":[6991,13565,258,256,12371,5782,4717,1407,9990,257,8450,254],"class_list":["post-182628","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lesotho","tag-act","tag-administer","tag-africa","tag-africa-news","tag-expensive","tag-funds","tag-lesotho","tag-lesotho-news","tag-lesothos","tag-news","tag-pension","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/182628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=182628"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/182628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/182629"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=182628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=182628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=182628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}