
Adjudicator aligns with High Court’s ruling on the in duplum rule
The OPFA confirms that penalty interest on late employer contributions may not exceed the original capital owing – in line with the Full Bench’s judgment in March.
The OPFA confirms that penalty interest on late employer contributions may not exceed the original capital owing – in line with the Full Bench’s judgment in March.
The Full Bench affirms that interest under the Pension Funds Act is capped by the common law in duplum rule.
The court’s interpretation and application of the conduit principle has implications for structures involving layers of multiple discretionary trusts.
The Supreme Court of Appeal’s dismissal of the Council for Medical Schemes’ appeal against providing documents to the Board of Healthcare Funders on low-cost benefit options marks the latest development in the ongoing legal dispute.
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