FSCA to issue a new interpretation ruling on section 37C
Interpretation Ruling 1 of 2020 incorrectly brought an unclaimed benefit within the ambit of section 37C of the Pension Funds Act.
Author: Moonstone Information Refinery
The unit trust category that has far out-performed the others over the past decade
The average balanced fund has delivered about CPI + 2% over 10 years, which is well below the returns these funds aim to deliver.
How the whole world wins when the financial gap for women is bridged
A ‘new frontier’ of gender, diversity and inclusion focused initiatives are tackling tackle gender inequality in the financial sector.
AARTO set to create complications for employers, says law firm
Consider the impact of the demerit and cancellation system on employees who are engaged as drivers or who need to have a valid driving licence.
Misunderstanding explains consumers’ low trust in insurance, survey finds
It also found that customers’ perceptions of how financial institutions – specifically, their bank – treat them affects their uptake of insurance.
What customers look for when choosing financial products and services
Respondents believe that charges should be for the ‘core’ financial product or service only, with additional features perceived as free add-ons.
Here are the details of the government’s loan scheme for solar energy
Businesses and households can apply for both the renewable energy tax breaks and the Energy Bounce Back Loan Guarantee Scheme.
Cyber threats meet AI: navigating the landscape of evolving cybersecurity
Artificial intelligence and machine learning algorithms have the potential to revolutionise how we protect ourselves online.
Read, understand, and critically examine before you click
Online fraudsters are employing increasingly sophisticated techniques to scam the public out of their personal details and money.
Sign up for our webinars on the Employment Equity Act – at no cost
Moonstone Compliance’s webinars will demystify the Employment Equity Act, enabling employers to navigate the Act effectively.
Preliminary report reveals cause of fire at Vodacom head office
Initial speculation pointed to the solar panels on the roof as the cause.
CMS releases guidelines on medical scheme increases for 2024
Members must be protected from further financial distress and the risk of losing their health insurance, the regular says.
Clarity on anti-avoidance rules for low-interest or interest-free loans to trusts
The amendments encompass debt denominated in a foreign currency and the primary residence exclusion.
Treasury publishes retirement fund tax amendments for comment
One amendment will affect inter-fund transfers by members who have reached normal retirement age but who have opted not to retire.
Treasury moves to end ‘double dipping’ the TFSA and retirement fund tax exemptions
An anomaly in the Act results in the creation of two years of assessment during a single 12-month period when an individual ceases to be a tax resident.
Prison term of 15 years sends strong warning on tax fraud
Sentencing of business owner highlights Sars’s determination to combat tax fraud and non-compliance.
Why a longer investment time horizon matters
Underestimating your investment time horizon often results in your being too risk averse with what should be viewed as long-term investments.
