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Sophisticated technological advances are urging on the evolution of the Retirement Fund landscape. These advances are seemingly re-shaping the manner in which Beneficiary Funds are being administered, which in turn has a noteworthy impact on Fiduciary Dut
A direct correlation has been found between South Africa’s economic health and disability claims. This poses a high risk for employers, for employees and for the South African economy.
Compliance with the Protection of Personal Information Bill, and particularly the conditions for lawful processing of personal information, will have a significant impact on the EB industry.
For many years, the benefits of retirement annuities (RAs) have been advocated, mainly due to the generous tax concessions available. However, two major events will require FSPs to consider options to complement RAs in making retirement provision.
The strongest deterrent against FSP compliance missteps is or should be: