The scheme also sought a stay of execution, saying the 90-day period granted by the RBA was likely to expire before the appeal was heard and determined.
By
Charles Mwaniki
Business Reporter
Nation Media Group
The trustees of the Standard Chartered Kenya Pension Fund have obtained orders freezing a directive by the Retirement Benefits Authority (RBA) requiring them to review claims by a section of the bank's former employees over allegedly undervalued pensions.
A letter to trustees by RBA chief executive officer Charles Machira dated June 15 directed the review of the claims to assess…
The Supreme Court of Appeal has upheld a ruling clarifying that retirement funds have 12 months from the date of awareness of a…
The Supreme Court quashed a 23-year-old criminal complaint against Standard Chartered Bank. This decision provided relief to the…
A retired financial adviser’s bid to overturn a CCMA ruling on his contract renewal with Standard Bank has been dismissed.
Standard Chartered Bank's appeal to strike out a 1MDB-linked lawsuit has been dismissed, allowing the case to proceed to a…
The judges held that pension schemes, whether public or private, are savings vehicles managed independently by trustees solely…
