Old Mutual's rainmaker quits over lost R1 million bonus


Old Mutual's rainmaker quits over lost R1 million bonus

It’s a tale that Old Mutual would rather you weren’t told right now, while it asserts its claim to probity and good governance by ousting its CEO Peter Moyo over an alleged conflict of interest.

Old Mutual is justifiably proud of its flagship SuperFund retirement umbrella fund, which holds more than R110bn of pension fund assets for a growing number of companies who have joined the trend to outsource the management of their employees’ retirement kitties.

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Submitted by : Rossum on 2019-10-02 08:08:19
I am so glad I cancelled my insurance with Old Mutual a few years ago.
P.R.

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