
GEMS targets future contribution relief after CMS setback
The scheme says R1.7 billion in projected savings could moderate future increases as it prepares for robust talks with organised labour.
Sanlam’s latest Benchmark suggests economic shocks, disrupted careers, and health risks are reshaping how clients across age groups make financial decisions.

The scheme says R1.7 billion in projected savings could moderate future increases as it prepares for robust talks with organised labour.

With COFI on the horizon, the webinar will unpack its practical implications alongside key regulatory, enforcement, and FICA developments.

Just 10 of the 69 affected municipalities account for more than R21.6bn in arrears to utilities, retirement funds, SARS and other creditors.

Three graduates, three very different journeys – meet the professionals whose determination, resilience, and love of learning earned them a place among MBSE’s top PGDip achievers.

The source of an obligation does not determine whether disputed conduct amounts to genuine fit-and-proper misconduct.

Two-pot withdrawals, carried-forward retirement contributions, and incomplete third-party data can affect the final tax position.

The decision clarifies when prior civil proceedings may prevent the Pension Funds Adjudicator from investigating a complaint over withheld benefits.

A couple’s joint estate has been finally sequestrated after the High Court rejected several challenges to the Prudential Authority’s case.

Late-payment interest now accounts for almost half of arrears, suggesting unpaid contributions are remaining outstanding for longer.

The Authority’s three-year roadmap also outlines upcoming reforms affecting financial markets, retirement funds, payment services, and cross-sector regulation.

The High Court finds that most of the payment was a recoverable, interest-bearing deposit rather than expenditure incurred for genuine insurance cover.

The CMS argues that a 7.5% increase would have weakened GEMS’s financial sustainability and shifted costs to members in future.

Crypto users may trigger tax consequences through swaps, staking, mining, payments, employment benefits, or donations, even where no rand conversion takes place.

Although the retirement fund misapplied section 37C, the OPFA found the same outcome was equitable after applying the Constitutional Court’s guidance.

The latest Benchmark research argues that small, recurring gambling losses can compound over time just as powerfully as disciplined investing can build wealth.

The Authority says preliminary findings point to a risk of harm to clients, but the investigation remains ongoing and Imermarket has been given an opportunity to respond.

The regulator says it is monitoring the situation and sees signs of improvement, but some members continue to report difficulties accessing healthcare and resolving claims.