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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.
The government takes banks to task over what it sees as unfair lending practices, proposing mandatory disclosures of declined home loans.
Read moreRetirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.
The South African Reserve Bank has seized more than R6 billion from various Ibex Investments accounts, previously Steinhoff.
Funds that cannot pay withdrawals because their rules are invalid must inform members why they may not be allowed to access their benefits.
Actuarial calculations may affect the costs and time for defined-benefit fund withdrawals, depending on the rules of the fund and the complexity involved.
Old Mutual’s learnings about what people know or expect, based on its interactions with customers and advisers.
This year’s return provides for claiming the residential solar energy tax rebate or a tax deduction in respect of the renewable energy tax incentive.
The Cabinet is considering introducing new asset classes to leverage retirement savings for industrial financing.
But statements by the Minister of Health indicate the ANC does not believe material changes to the NHI Act should be made.
The judgment confirms that providing security in a trust account is an acceptable substitute for physical possession under a lien.
Independent Media says the Raging Bull Awards will continue with a new data provider.
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
The medical scheme says it will use its reserves to limit contribution increases, while possibly improving members’ benefits and reducing co-payments.
Preservation must be encouraged, but the reality is that a retirement fund is many South Africans’ only source of savings, says Alexforbes.
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With the increasing adoption of cloud technology by small businesses, there is a growing need to raise awareness about cybersecurity risks. MBSE’s courses offer essential training to enhance cybersecurity knowledge and earn CPD points.
The Dollar Life Plan provides protection against the high cost of specialised medical treatment or studying in a foreign university.