How the process to make withdrawals from the savings ‘pot’ will work

Retirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.

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Clarity on Co-Administration Agreements

Information Letter 2 of 2014, issued on 29 August, provides clear guidelines on what co-administration agreements should contain, and what not. The Registrar of Long-term Insurance is concerned that certain existing agreements do […]

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Appeal against Debarment not Upheld

Details of appeals against decisions by the FSB’s Enforcement Committee provide very interesting insight into the practical application of legislation affecting most of our subscribers. What makes it even more interesting is that […]

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Mooi Rugby is ook Wenrugby

Dit is baie bemoedigend om na vier weke van die kompetisie te sien dat die spanne wat bereid is om hardlooprugby te speel, bo-aan die punteleer is. Die Pumas se oorwinning oor die […]

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Carelessness can be Costly

The latest determination by the FAIS Ombud provides clear evidence that the moving of an insurance book is not merely a routine admin matter which can be left in the hands of others. […]

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More on Healthcare Products Debate

Two recent articles in Business Day highlight the need for circumspection before implementing the demarcation proposals. The Board of Healthcare Funders (BHF) pointed out that the affordability of medical schemes is seriously hampered […]

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Proteas Bloom

The single biggest reason why I enjoy a South African victory over an Australian side, more than one over the English, is that the Aussies are usually much more competitive. I was fortunate […]

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Are Agencies Over-Rated?

Barbara Kiviat*, a former Time staff writer, noted in an article last year on the global financial crisis that the jury is still out on what exactly happened, and who is to blame, […]

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The “Bettle” of the Breakdown

This call by Breytie before the match turned out to be accurate, but the match was won out wide by a rampant All Black side against a shell-shocked Australia. The pace was frenetic […]

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Key Individual Qualification Requirement

From enquiries we receive it appears that there is much confusion about qualification requirements for the appointment of key individuals. Much of this stems from the so-called transitional period before 2010 when allowances […]

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National Credit Act Training

A recent article posted on Bizcommunity provided a summary of the amendments to the National Credit Act which was published on 19 May 2014. The amendments aim to provide added protection for consumers, […]

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Weather with You

One can hardly be blamed for looking at the weather forecast, rather than the team selections, for the second round of the Rugby Championship. This line from a Crowded House song keeps ringing […]

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New Battle Lines Drawn in Demarcation Debate

The invitation to respond to the proposed demarcation regulations on healthcare products elicited 461 responses, according to Business Day. The proposals may be unconstitutional, and is likely to be challenged in court. If […]

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FedGroup Views on Guarantees

By John Field, CEO FedGroup The recent crisis enveloping African Bank brings to mind the 2002 banking crisis that crippled Saambou – similarly hobbled by risky micro-lending practices. Despite African Bank performing well […]

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Weird Kick-off to Championship Series

The Moonstone/Getwine Rugby Championship Challenge Thanks to the unexpected draw in Sydney on Saturday, there were only two winners. André Marais and Deon du Toit will be given the choice of sharing the […]

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Stick to the Facts

When certainty is lacking, people often make assumptions. As we all know, to assume often leads to making an Ass of U and ME. Speculation about what the new regulatory environment will look […]

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