To have and to hold a signed WillPublished: Wed, 08 Sep 21 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 anyone, at any time. Whether you’re young or old it is therefore important to ensure your affairs are ...
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CIS assets under management fast approaching the R3 trillion thresholdPublished: Thu, 19 Aug 21 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 the CIS industry statistics for the quarter and year ended June 2021, Sunette Mulder, senior policy advisor ...
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Rights and responsibilities under the data privacy lawsPublished: Wed, 11 Aug 21 Over the years, data privacy and protecting personal information has become increasingly important, both from a business and client perspective. The Protection of Personal Information Act 4 of 2013 (POPI) was gazetted in South Africa in 2014 with the intention to protect your data privacy rights as well as your personal ...
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The difference between a living Will and a last Will and testamentPublished: Wed, 11 Aug 21 Sometimes family members face a difficult situation when a decision has to be made about a loved one in circumstances in which they are not able to make informed decisions and give their consent regarding medical treatment. In some cases, a family can be left with enduring questions and feel of guilt after making ...
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DELAYED GOVERNMENT PAYMENTS IMPACT ON PENSION FUND CONTRIBUTIONSPublished: Tue, 29 Jun 21 Having been inundated over the last several years with volumes of complaints against the Private Security Sector Provident Fund (PSSPF) and its participating employers, the Pension Funds Adjudicator, Adv Muvhango Lukhaimane, has in a recent determination called into question the viability of the fund that is compulsory ...
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Free Online Discussion – recent regulatory impact on claimsPublished: Thu, 17 Jun 21 Learn about the recent regulatory impact on claims by joining us online this Friday 18 June 2021. The amended Policyholder Protection Rules promulgated under section 55(5) of the Short-term Insurance Act as amended and currently in operation, alongside several key board notices has far-reaching implications when it ...
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Supporting Brokers In Optimising The Claims Experience Of Their Clients.Published: Mon, 07 Jun 21
TANSA is a team of dedicated professional Attorneys, Forensic accountants, Disaster Claims Experts and Insurance Specialists focused on Insurance Claims & Dispute Resolution. Their mission is to support brokers in optimising the claims experience of their clients. They collaborate with brokers to effectively ...
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First edition of the Ombudsman’s Briefcase for 2021Published: Tue, 06 Apr 21 In our first edition of the Ombudsman’s Briefcase for 2021 we take this opportunity to wish you a safe and prosperous year ahead. We face this year with a little more hope having emerged from a second wave of the coronavirus and with the COVID-19 vaccine being rolled-out. In this edition we look at insurance ...
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POPIA 101Published: Thu, 01 Apr 21 All businesses with employees, customers and suppliers must comply with POPIA, which comes into effect on 1 July 2021. Here is a practical guide to the most important aspects
With the commencement date of the Protection of Personal Information Act 4 of 2013 (POPI) of 1 July 2021 fast approaching, businesses ...
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Local hedge funds industry finding its feet in a regulated environmentPublished: Mon, 08 Mar 21 The South African hedge funds industry ended 2020 with assets under management of R73. 27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased by R4. Hayden Reinders, convenor of the ASISA Hedge Funds Standing Committee, says this ...
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Treasury further tightens the noose on retirement assets of emigrantsPublished: Wed, 03 Mar 21 The Budget Review 2021 includes a proposal to impose a deemed retirement withdrawal tax on retirement assets of emigrants as an exit tax. The proposal is unclear and has numerous issues.
Data from various sources suggests that around 23 000 South African (SA) tax residents emigrate each year in search of ...
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How the T-Day retirement reforms could affect youPublished: Tue, 16 Feb 21 A number of retirement fund rule reforms will come into effect on 1 March 2021, also known as T-Day. These new rules will not only standardise the way in which benefits can be accessed across different funds at retirement but will also facilitate the phasing out of emigration for purposes of exchange control. The ...
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