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No savings pot withdrawal in September if your balance is less than R2 000
The Actuarial Society of South Africa urges retirement fund members to check their benefit statement to see whether they will qualify for a withdrawal.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreThe Actuarial Society of South Africa urges retirement fund members to check their benefit statement to see whether they will qualify for a withdrawal.
The group’s 2023 claim statistics also note the steady increase in pay-outs arising from pregnancy complications.
Alexforbes is focusing on individual consulting as its main growth area, with in-fund asset flows of R3.5 billion for the year.
The Authority emphasises that the investigation is not complete, and it has made no findings to date.
The SA Reserve Bank is concerned about the liquidity of the country’s financial markets and institutional investors’ exposure to government bonds.
An aggrieved purchaser must exhaust the dispute resolution mechanisms outlined in the Consumer Protection Act before approaching the courts.
The sanctions follow an inspection of the Bank of China’s Johannesburg branch three years ago.
A comparison of current market behaviour with the pivotal 1994 election period points to the potential for a rally in the rand and financial shares.
The High Court has struck off attorney Ashley Youngman and criticised the Legal Practice Council for failing to address numerous complaints over several years.
The most recent revision to the maximum interest rates and fees that credit providers can charge was in November 2015.
It has become crucial for companies and individuals to secure specialised coverage for kidnapping risks, says OLEA South Africa.
Introducing prescribed assets for retirement funds won’t solve South Africa’s solvency problems, directors say.
The Hawks have indicated that further arrests are likely in the wake of the apprehension of Rubicon director Sona Pillay and Global & Local founder Michael Haldane.
Old Mutual Insure unpacks the impact of loadshedding on the insurance industry and the outlook for a stable electricity supply.
The three teenagers hired by Kedibone Nyathi testified for the State after their conviction and sentencing.
Old Mutual’s Clive Hogarth says insurers need to ask critical questions about the quality of installations.