Pensions and Insurance Authority (PIA) has confirmed that concerns raised by members of Saturnia Regna Pension Fund regarding reduced pension balances have been brought to its attention and are currently receiving regulatory consideration. The development comes barely shortly after Saturnia Regna Pension Fund, a fund under Aflife Investment Limited and administered under Aflife Pension Administration Limited, dismissed allegations that it had sliced down pension contributions for its more than 36,000 contributors, insisting that only investment returns had been adjusted in line with approved fund governance procedures. In a statement previously availed to the Zambian Business Times – ZBT, Saturnia Regna...
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