How to set employees up for a successful retirement
It is a well-known fact that most South Africans will not have enough, or very little money saved for retirement, writes Christoff Potgieter.
Provident Funds
3 paths to boosting pension contributions
Recent changes to pension laws have synchronised the tax benefits and withdrawal limits at retirement for pension and provident funds.
🔒 Eskom Pension and Provident Fund pays out R100m bonus to pensioners
The Eskom Provident and Pension Fund announced it will pay its pensioners a shared R100-million bonus. BizNews talks to Linda Mateza to find out more.
Save on tax with a Retirement Annuity before 28 February
Now is the time to make use of a great government incentive that encourages people to save for their retirement in a tax-efficient retirement annuity (RA).
Make the most of retirement planning tax benefits
As the end of the tax year approaches, no time like the present to use the remaining weeks to 28 February to review contributions to retirement investments and also tax free savings accounts.
Understanding employee benefits: What happens when you leave your job?
If unsure about the options available for when you leave your job, speak to the HR representative in your company or the person responsible for your retirement fund.
Maynard: SA’s R55 015m savings shock – spending outweighs earnings
John Maynard sinks his teeth into the Household and Non-Profit Institutions Serving Households report to get a better understanding of the flow of money.
Cosatu bites, Zuma backpedals – postpones forced transfer of provident savings
President Zuma has signed the Revenue Laws Amendment Act into law to postpone annuitisation for provident funds, the National Treasury said on Tuesday.
Arno Loots: Provident fund changes a setback, but not fatal reverse for SA’s savings culture
Arno Loots regards Provident Fund changes as a temporary setback, not a permanent reversal for the promotion of a savings culture in South Africa.
Govt backtracks on pension reform, 2nd year running. Pushed to 2018.
For the second year in a row, President Jacob Zuma’s government has been forced to backpedal on provisions in the Tax Amendment Act.