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Home / Posts tagged “#2023 Draft Revenue Administration and Pension Laws Amendment Bill”

#2023 Draft Revenue Administration and Pension Laws Amendment Bill

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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National Treasury proposes more changes to the two-pot retirement system

Delaying the implementation date and raising the seeding cap are among the announcements and clarifications.

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Two pots: MPs agree with Cosatu that R25 000 cap on seeding is too low

Retirement industry bodies plead for a later implementation date, but Cosatu says 1 March next year is a ‘red line’.

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‘T-Day’ provident fund members ‘should have to opt in to two pots’

Organisations representing the retirement industry call attention to the ‘problematic’ provisions in the draft legislation for the two-pot retirement system.

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Cosatu wants a higher cap on transfers to fund members’ savings pots

It’s also hoping for concessions on access to the retirement pot when members are retrenched or dismissed.

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Seeding will have a minimal impact on retirement funds’ liquidity, says Old Mutual

The updated legislation puts the retirement industry in a better position to be ready by 1 March 2024, it says.

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This is how much you will be able to transfer to your savings pot on 1 March 2024

Retirement fund members who are expecting a big pay-out will be disappointed.

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Latest proposals on how the two-pot retirement system will work

A guide to the features of the three components: savings, retirement, and vested.

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Treasury wants to exclude these ‘legacy’ RA funds from the two-pot system

Plus: the proposals for defined-benefit funds, inter-fund transfers, section 37D deductions, and the taxation of contributions and growth.

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Investment Rates

 

Updated 5 May 2025

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Money Market funds

Updated 5 May 2025

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Can Employment Equity amendments be enforced?
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