With both the Pension Funds Amendment Bill and the Revenue Laws Amendment Bill having been passed by the National Treasury, the President must sign the bills into law. However, a few steps remain in finalising the implementation of the Two Component system,...
Special Feature

The two-pot system: Long term tax implications for members
Everybody loves tax – not! Unfortunately, in South Africa taxation is unavoidable and very high. It is also very complicated. The two-pot system has introduced a new way to tax our retirement funds. Any withdrawal from your savings pots will be based on...
The two-pot retirement system comes into effect on 1 September 2024 – so what now?
If your employees belong to a retirement fund, you can take some important steps right now to avoid dissatisfaction and a deluge of complaints. The National Treasury is anticipating a R5 billion revenue windfall from taxing two-pot withdrawals in the next...
Financial advisers face information gap as two-pot system nears
With the expected advent of the two-pot retirement system in September 2024, South Africa stands on the brink of a significant overhaul in retirement savings. Yet, a recent Old Mutual survey reveals a concerning trend: half of the independent financial...
Are SA’s pension funds secure enough for the two-pot pension system?
The implementation of the two-pot retirement system edges nearer as the NCOP passed the Pension Funds Amendment Bill on 25 April 2024, incorporating alterations that resolve certain inconsistencies and bringing it one step closer to fruition on September 1st...
Recognising the overlooked potential in female led and gender balanced businesses
Africa takes the lead in global female entrepreneurship, with women constituting 58% of self-employment across the continent, as reported by the OECD and World Economic Forum. Ironically, this ranking coexists with significant gender based funding disparities....
SA pension funds’ greatest opportunity: maximising retirement wealth and leading the South African economic landscape transformation
Imagine a South Africa where income inequality has diminished, unemployment rates have dropped and poverty levels have decreased considerably. More South African businesses have allocated capital strategically and the ripple effect has extended to job seekers,...
Unlocking your retirement fund’s potential post Regulation 28
In July 2022, the National Treasury unveiled pivotal amendments to Regulation 28, revolutionising the investment framework for South African retirement funds. Despite the regulatory endorsement for funds to invest in private markets and other asset classes, investors...
Regulation 28 reimagined: maximising returns and creating stability with alternative assets
PAID CONTENTIn the dynamic world of institutional investments, a mastery of regulatory mazes is key to ensuring stability and growth. Enter Regulation 28, a pivotal force guiding institutional investors in strategically constructing retirement portfolios, ensuring...
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