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*Funeral Assurance Firms In Breach Of Regulatory Requirements* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?uc Most funeral assurance firms are in breach of regulatory requirements on prescribed asset investments as it emerged compliance with provisions of the law stands at a measly 2,12 percent instead of the gazetted threshold of 7,50 percent. The Insurance and Pensions Commission (IPEC) said in its first quarter industry review report released this week that the funeral assurance industry’s average compliance with prescribed assets ratio stood at 2,12 percent as at March 31, 2018. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- This is despite the Commission’s numerous calls for funeral assurers to comply. The Commission is now taking stern measures to enforce compliance by regulated entities. Said IPEC: > This is despite the Commission’s numerous calls for funeral assurers to comply. The Commission is now taking stern measures to enforce compliance by regulated entities. More The Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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