Funds must be harder on employers who fail to pay contributions A provident fund is empowered to take legal action against employers who fail to pay contributions. It is not enough to only send letters to employers pointing out non-compliance.
This was said by the ...
Read More » | | | Can I get the Municipality to Pay for Damage caused by Potholes? There are not many hazards on the road loathed as much as that of the dreaded pothole. Whether the pothole is small enough to swerve out the way of or big enough to simply shred your tyre no matter what decision ...
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"Intentional" investing highlighted at recent AVCA conference The AVCA conference in Senegal highlighted a number of themes, such as the effects of Covid, intentional investing and inclusivity
It was a wonderful experience connecting in person with members of ...
Read More » | | | Unclaimed retirement benefits in the mining industry Union Funds in the mining industry are holding particularly large sums in unclaimed benefits, for several reasons, including poor record-keeping
A substantial amount of unclaimed benefits lie idle in trade union ...
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South Africa’s National Budget Speech 2022 On Wednesday 23 February 2022, the Minister of Finance, Mr Enoch Godongwana presented his inaugural Budget Speech to the Members of the National Assembly. The stated objective of the 2022 Budget is to respond to ...
Read More » | | | PFA Dismisses Claims For Death Benefits To Be Paid In a case that illustrates the devastation of employers’ failure to keep up to date with contributions, two complainants - a daughter and a son - have failed in their respective bids to get risk benefits ...
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The tax burden on annuitants: spread, not lightened The latest move by SARS to require the withholding of PAYE from annuity payments at an "Effective Tax Rate" as required in directives issued to payers of annuities may help some annuitants to plan their ...
Read More » | | | Protecting your business against the loss of a key person A business is the sum of all its people, not only the owner. Should a key person – someone whose services and knowledge are instrumental to the running of the business, such as a co-owner or employee, die, ...
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Top Tips to keep the holidays festive and your assets safe Let’s face it – most of us cannot wait to see the back of 2021 - and are desperate for some much-needed R&R. Before you immerse yourself in the holidays, take a little time to make sure that your ...
Read More » | | | Sa Mandatory Vaccination Task Team Welcomed Says Risk Body. INSTITUTE OF RISK MANAGEMENT SOUTH AFRICA (IRMSA) SUPPORTS SPEEDIER VACCINE ADMINISTRATION
Johannesburg - The Institute of Risk Management South Africa (IRMSA) says a renewed call by President Ramaphosa ...
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Should you revenge spend on travel this holiday season? Yes, but be mindful of your long-term financial goals
After 18 months of lockdowns and the easing of travel restrictions, optimism is finally returning to many South Africans who have had to ...
Read More » | | | Deduction Of Study Loan From Withdrawal Benefit Was Unlawful A retirement fund has been ordered by the Pension Funds Adjudicator to pay back the amount deducted from a withdrawal benefit in respect of a study loan.
Muvhango Lukhaimane said the Financial Sector ...
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Estate planning – Common mistakes in the drafting of a Will Estate planning is often something most people avoid – perhaps to avoid dealing with the thought of one’s death. However, estate planning is a vital part of a good financial plan because it entails ...
Read More » | | | To have and to hold a signed Will National Wills Week will be held from 13 to 17 September 2021. This is an ideal opportunity to draft a Will or to review an existing Will. In recent times, we have come to realise that death can happen to ...
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Covid-19 Vaccine Distribution Risks and Insurance: Q&A with Allianz Specialists As COVID-19 vaccine distribution rolls out across Africa and the world, insurers of the pharmaceutical industry are in a position to share their experience as to what constitutes a successful and safe distribution ...
Read More » | | | CIS assets under management fast approaching the R3 trillion threshold The local Collective Investment Schemes (CIS) industry reported net outflows of R18 billion for the second quarter of this year following the closure of South Africa’s biggest money market fund. Releasing ...
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