Tag Archives | section 14 transfers


Causal Event Charges Challenged – Part I

We recently came across an example of just how loaded the dice are against clients wishing to effect section 14 transfers. When requesting a quote for such a transfer, the client was informed that the causal event penalty would amount to R9 839.50. Consider this: The contract is a single premium retirement annuity which incepted on 1 March 1990. The […]

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