Advertise Here
Icon

Directory

IconAssociations and Institutes
IconBBBEE Consulting and Verification Agencies
IconBenefit Administrators & Investment Managers
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconEmployee Benefits Consultants
IconFinancial Planners
IconIndependent Principal Officer
IconIndependent Trustees
IconOmbud
IconPension Fund Trustee Liability Insurance
IconPension Fund Trustee Training
IconPension Funds Adjudicator
IconPublications
IconRegulatory Authorities
IconRetirement Advice
IconRetirement Funds registered by the FSB
IconRetirement Products
IconSocial Grants (Government)
IconTrust Establishment & Management
IconWellness Programs
Advertise Here
  Subscribe To »

Press Room

Press Archive »

First edition of the Ombudsman’s Briefcase for 2021

Published: 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 ...
Read More »

POPIA 101

Published: 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 ...
Read More »

STATUTORY MANAGEMENT OF SECURITY SECTOR FUND FAILS TO IMPROVE EMPLOYER COMPLIANCE

Published: Tue, 16 Mar 21

A pension fund has been requested by the Pension Funds Adjudicator to notify some of its members of the failure of their employer to pay contributions on their behalf and to report the non-compliance with the Act to the National Prosecuting Authority. Muvhango Lukhaimane, the PFA, said regulation 33(5) of ...
Read More »

Local hedge funds industry finding its feet in a regulated environment

Published: 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 ...
Read More »

Risks in retirement are increasing – but you don’t have to tackle them alone

Published: Mon, 08 Mar 21

An increasing risk in retirement is that you will outlive your savings. More retirees feel less confident now that their savings will last, highlighted by a 10% year-on-year drop in confidence reported by retirees in Just SA’s latest Retirement Insights study.   A less ...
Read More »

Treasury further tightens the noose on retirement assets of emigrants

Published: 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 ...
Read More »

How the T-Day retirement reforms could affect you

Published: 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 ...
Read More »

ADJUDICATOR SLAMS PRIVATE SECURITY SECTOR PROVIDENT FUND FOR NOT TAKING ACTION AGAINST DEFAULTING EMPLOYERS

Published: Wed, 10 Feb 21

Regulatory compliance in the private security industry remains a sore point as more complaints land on the desk of the Pensions Funds Adjudicator. The majority of the complaints prevalent in this sector relate to non-compliance with Section 13A of the Pension Funds Act whereby employers fail to pay provident ...
Read More »

ADJUDICATOR RULES EMPLOYER IS ENTITLED TO PENSION DEDUCTION AFTER DOUBLE SALARY PAYMENTS

Published: Wed, 10 Feb 21

The Deputy Pension Funds Adjudicator, Advocate Matome Thulare, has ruled that an employer was entitled to claim a deduction for double salary payments made to the complainant for over two years. Advocate Thulare dismissed the complaint by a member against his pension fund’s decision to withhold his ...
Read More »

Introducing our new eNews App

Published: Wed, 13 Jan 21

Insurance Gateway is thrilled to introduce our brand new electronic newspaper. The final product is available as both a mobile and desktop application. Our aim with the app was to develop an electronic newspaper that would dynamically reflect and complement our more extensive Insurance Gateway website. The pages are ...
Read More »

FOR YOUR EYES ONLY-POPIA ESSENTIALS

Published: Thu, 12 Nov 20

The Protection of Personal Information Act (POPIA) has been in the making for a while, with certain aspects already introduced. It is finally set to come into full effect after President Cyril Ramaphosa said, in June, that the effective date for compliance is 1 July 2021, and most organisations will have much to do ...
Read More »

SA retirees don’t want to gamble on their retirement savings

Published: Mon, 09 Nov 20

New research shows a 25% jump in the number of retirees less willing to take risks with their money for saving or investment Percentage of respondents who now set goals and are planning for their financial future up by 10% from 2019 Only two fifths are confident that their retirement savings will last ...
Read More »

The importance of having a Will

Published: Thu, 29 Oct 20

Drawing up a Will can be a very sensitive and uncomfortable subject but as death is inevitable, it is always better to be prepared. As a legal document expressing your last wishes, a Will may well be the most important document that you will ever sign. And while it is recommended that you use the services of a professional ...
Read More »

Increasing need for cross-border estate planning as more SA investors look offshore

Published: Tue, 27 Oct 20

What advisers should consider with offshore structures and complicated cross-border estate planning   27 October 2020: Market volatility, a weakening rand, and a steep Gross Domestic Product (GDP) decline of 51% in the second quarter of 2020 are just some of the reasons why South Africans are increasingly ...
Read More »

Wealthy families support the fight against COVID-19

Published: Wed, 07 Oct 20

New research from international family office Stonehage Fleming has revealed that the COVID-19 pandemic is leading to a significant shift in the key priorities of many wealthy families. This finding and others is contained in Stonehage Fleming’s report, ‘Four Pillars of Capital: a time for reflection. ...
Read More »

Review your will to account for COVID-19, advises JustMoney

Published: Mon, 05 Oct 20

The COVID-19 pandemic is a timely reminder of the importance of ensuring your personal finances are in order – and a key component of this is an up-to-date will. This legal document, that should take into account the current value of your assets, with instructions on how you wish to allocate them, is particularly ...
Read More »

HOW UNCLAIMED MONIES CAN CONTRIBUTE TO ECONOMIC AND SOCIAL DEVELOPMENT OBJECTIVES

Published: Mon, 05 Oct 20

By: Elio E’Silva, Head of Direct Corporate Solutions, Alexander Forbes Prescribed assets for retirement funds have been discussed extensively as a potential source of funding for state-owned entity (SOE) debt as well as the country’s developmental imperatives. This raises concerns about the possible ...
Read More »

CAN I AFFORD TO DIE?

Published: Thu, 01 Oct 20

The Covid-19 pandemic has served as a reminder that death can come at any time, and although it is not a subject we like to think about, there are some important things one should put in place to protect those you will leave behind. Besides the emotional stress your death will bring to your loved ones, without proper ...
Read More »

SIMPLIFYING THE RETIREMENT FUND DEATH CLAIMS PROCESS

Published: Tue, 15 Sep 20

By Dolana Conco, Regional Executive at Alexander Forbes   Losing a loved one is one of the most difficult experiences a person can go through, and during this difficult time, you don’t want your loved ones to have to worry about finances. Your family will receive a share of your retirement ...
Read More »

Want to withdraw retirement funds on emigration? National Treasury and SARS say try again in 3 years' time

Published: Wed, 09 Sep 20

            by Joon Chong, Partner & Wesley Grimm, Associate at Webber Wentzel   The National Treasury published the Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) for public comment. One ...
Read More »
Already on the first pageNo previous pagesPage:  of 2Next pageLast page


More News »

Image

Healthcare »

Image

Investment »

Image

Life »

Image

Short-term »

Advertise Here
Advertise Here

From The Glossary »

Icon

Value at Risk (VaR):

Lower percentile of a profit or loss distribution over predefined time horizon.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2021. All Rights Reserved.