Adjudicator questions compulsory membership of private security sector fund
The Pension Funds Adjudicator also says the conduct of retirement fund administrators during a transfer of administration should be regulated.
The ‘travel rule’ means CASPs and FSPs cannot initiate a crypto asset transfer unless they can transmit prescribed information.
Read moreThe Pension Funds Adjudicator also says the conduct of retirement fund administrators during a transfer of administration should be regulated.
Members must be protected from further financial distress and the risk of losing their health insurance, the regular says.
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.
With reserves reaching R8.8 billion, can members expect that very low contribution increases will automatically follow?
Plus: the proposals for defined-benefit funds, inter-fund transfers, section 37D deductions, and the taxation of contributions and growth.
What you should know about reporting, calculating penalty interest, the in duplum rule, and the employer’s liability.
Alexforbes report also shows that contribution increases have outstripped CPI inflation over the past 22 years.
The scheme says members who belong to hospital and limited day-to-day plans will pay 7.9% more.
Conduct Standard 1 of 2022 aims to help eradicate non-payment of retirement fund contributions by employers.
Financially threatened MediPos is placed under provisional curatorship
The minimum contribution depends on whether a member opts for a retirement benefit only or retirement and insured benefits.
Coronation illustrates how you can use a tax-free investment to harness the power of compounding.
The Adjudicator also failed to apply the Pension Fund’s Act prescription provision correctly, tribunal says.
Lives covered by open schemes declined in 2021 despite the increase in the number of principal members.
National Treasury has “loosened the lids” on the pots in the two-pot retirement system, agreeing to amend the draft legislation so that fund members will be able to access the savings they accumulated […]
National Treasury has proposed amending the draft two-pot retirement legislation to clear up a number of grey areas identified by stakeholders. The proposed changes were announced on Tuesday, when Treasury addressed the National […]