Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are members informed of the type of investments undertaken on their behalf ?

April 26, 2017behalf investments members type

0

Posted

Are members informed of the type of investments undertaken on their behalf ?

1 Answer

0

Posted

Yes. They are the shareholders and owners of the Provident Society and must be advised of investment options recommended by the management committee. If the members unanimously reject a particular investment option, then it will be abandoned.