RECENT NEWS
Good Governance for Retirements Funds
19th of March 2010
Good Governance for Retirements Funds
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Interest rate increase on Housing Loans
8th of June 2010
Interest rate increase on Housing Loans
Dear Sir /Madam
Kindly note that the current interest rate of 14% charged to the members for housing loans is not in accordance wiRead More...
Death Benefits Distribution
29th of June 2010
Death Benefits Distribution
There are new challenges facing trustees.
A more appropriate and sound way of ensuring that lump sum benefits owed to the minor children ofRead More...
Taxing early withdrawals
29th of July 2010
Taxing early withdrawals
In this article, Michael Summerton and Carla Rossouw provide an overview of how withdrawal and retirement benefits are taxed. They use practical eRead More...
IMPORTANT NOTICE TO EMPLOYERS AND EMPLOYEES
19th of November 2010
IMPORTANT NOTICE TO EMPLOYERS AND EMPLOYEES
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LOCAL NEWS
2nd of February 2011
LOCAL NEWS
Directives are NOT final!
Why when you withdraw your pension, you pay – and then pay again.
PIETERMARITZBURG - When pension or providenRead More...
Tax Information
11th of February 2011
DIRECT HOUSING LOANS
LEGAL REQUIREMENTS
In terms of the Pensions Fund Act, Retirement Funds are allowed to lend money (up to a maximum of 25% of their Assets) to their members foRead More...
Proposed Interim Retirement Reforms
2nd of March 2011
Proposed Interim Retirement Reforms
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Where has the retirement law gone?
24th of June 2011
Where has the retirement law gone?
Rumours have been floating around the industry that if employer contributions became taxable benefits in employees' hands, as proposed in the FRead More...
Sanlam calls for sea change in retirement industry
11th of August 2011
Benchmark research shows South Africans worse off now than 30 years ago Sanlam Employee Benefits (SEB) today released the results of its 2011 Benchmark survey, a comprehensive annual review ofRead More...
EVENTS
CURRENT RETURN
6% Fund 6% Trust
Contributions
Casual Contribution Proposal
Taking into account the very high number of casual, seasonal and fixed term workers, the Fund has developed certain schemes for such employees. These vary according to wages and length of employment periods and are negotiated on a company basis.