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  • No : 1478
  • Displayed Date : 2024/02/19 17:18
  • Updated DTM : 2024/02/20 12:24
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Contributions have been credited to my defined contribution pension account, but the asset balance on the AnswerNet is still zero. Why is this?

Answer

Contributions credited to your defined contribution pension account will be reflected on the AnswerNet after your specified investment products are purchased and a transaction is settled. Therefore, contributions will be reflected in your asset balance on the AnswerNet only after several days from the contribution date. (The number of days required varies depending on the product to be purchased.)
Until the purchase transaction is completed, "Cash Awaiting Settlement" appears in your asset balance on the AnswerNet.
The date on which contributions are credited to the defined contribution pension account is referred to as the "contribution date".