
‘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.
Determination says a ‘reasonable broker’ would supplement a bulk email with an email or phone call to ensure the client is aware of new conditions.
Organisations representing the retirement industry call attention to the ‘problematic’ provisions in the draft legislation for the two-pot retirement system.
There is a view that the High Court’s judgment means the in duplum rule does not apply to section 13A(7) interest.
Thabile Nyaba, chief risk and sustainability officer at Old Mutual Insure, shares how the insurance industry can help South Africa to weather the economic and geopolitical storm.
One of the guides applies to the Income Tax Return for Trusts.
The fund says there is an ‘unholy alliance’ between the Council for Medical Schemes and the administrator to ‘misinform’ medical scheme members.
Vendors may have to acquire new software to be able to communicate with the Sars systems, or they may have to adjust their existing systems.
The fact that the applicant did not sell any products or receive remuneration did not nullify his status as a representative.
With 12 038km between South Africa and Taiwan, the East Asia island’s woes as it prepares for a possible invasion by mainland China might seem far removed. However, should their ‘non-provocative’ cross-strait policy fail, the fallout will shake the world.
Standard Bank debarred a branch team leader for using her own money to activate four accounts without the customers’ consent.
Mergers and acquisitions will increase because the country’s low savings rate and stagnant economy cannot support the number of fund managers.
The order against MTI is in addition to the R65bn in penalties imposed on founder and CEO Johann Steynberg earlier this year.
Sars has published a discussion paper on its intended modernisation of the VAT collection system, which will ultimately make VAT reporting faster and more transparent.
Investors should remember that the price of the guarantee is not only in the return they lock in, but also in the future returns they give up by being out of equity markets.
Most experience stress when managing their day-to-day personal finances.
Parametric insurance has traditionally focused on safeguarding against extreme weather events. Can it provide a solution for other threats?
Why wait until January to set your New Year’s resolutions? Decide now to achieve your career goals with Moonstone Business School of Excellence.
The jurisdictional fact required for the debarment was absent.
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