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Home / Posts tagged “#retirementfunds” / Page 2

#retirementfunds

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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FSCA probes complaint processes amid surprisingly low filing rates

A survey shows that only 8% of consumers lodged complaints with financial institutions between 2021 and 2023. Does this figure reflect genuine satisfaction or signal barriers in the complaint process?

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Amended Conduct Standard for section 14 transfers takes effect

The Authority has withdrawn the temporary exemption for retirement fund transfers, signalling the full implementation of updated regulatory requirements.

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Retirement fund assets reach R5.84 trillion

The FSCA’s latest Retirement Funds Statistical Report highlights trends in fund membership, asset growth, and investment performance.

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FSCA’s contingency plan: navigating COFI delays and licensing overhaul

The FSCA is preparing for the massive task of migrating about 12 500 financial services providers into the new COFI framework.

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Levies and fees weighed as PA prepares to regulate CISs and retirement funds

The PA shared an update on the six workstreams focused on the transition, confirming that they will be ready to regulate CISs and retirement funds by 1 April 2026.

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Revised unit trust fund classifications: early impact in focus

The new SA Multi Asset SA High Equity category is expected to gain traction over time, despite slower uptake in the early stages.

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How climate change could erode your retirement savings – actuaries sound the alarm

Despite record-breaking global temperatures and escalating climate risks, most South African retirement funds lack climate policies – raising concerns about the long-term sustainability of their investments.

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Akani-CINPF dispute with NBC: SCA states reasons for dismissing appeal

The Supreme Court of Appeal did not address the substantive issues, finding that a change in circumstances rendered the appeal moot.

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Alexforbes reports R7 billion in two-pot system withdrawals

It says 47% of members intend to make future claims – with 34% of those who have already claimed planning to do so again.

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How to maximise your tax benefits in a two-pot era

Carla Rossouw, head of tax at Allan Gray, discusses what investors need to know about retirement fund products and the looming end-of-tax year deadline on 28 February.

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SARS anticipates up to R12bn from two-pot withdrawals

This is double the initial estimate of between R5bn and R6bn.

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Gross two-pot withdrawals top R43 billion

SARS highlights common errors that can lead to application rejections and warns against attempts to evade tax.

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Labour law reforms mulled to clamp down on arrear contributions

The government, business, and labour are working together at Nedlac to address employers’ non-compliance with payments to retirement funds.

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MBSE top achievers shine: how these financial pros thrived with online learning

Dèvon Jordaan, Stéan Bouwer and Grant Greenfield, top achievers at Moonstone Business School of Excellence, share their stories on the power of preparation and perseverance.

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Retirement fund secures R14m order against municipality and its officers

The High Court describes the municipality’s persistent challenges to the fund’s applications as an example of the destruction of the country’s constitutional ethos.

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Directors found liable for unpaid retirement contributions

The Engineering Industries Pension Fund and the Metal Industries Provident Fund use the personal liability provisions in the Pension Funds Act.

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Treasury publishes draft amendments to two-pot legislation

The Bill provides for flexibility when provident and provident preservation funds perform the seeding calculation.

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Investment Rates

 

Updated 26 May 2025

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Money Market funds

Updated 26 May 2025

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SARS could save us from tax hikes in 2026
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