Retirement

Explore the Category

Tax amendments - How are you impacted?

02 March 2016 | General

Yesterday marked what has become known as T-day – the day the long awaited tax reforms became a reality in the retirement industry and for retirement fund members.

Maximising savings before tax season ends: RA or TFI?

24 February 2016 | Savings & Investments

As 29 February 2016 marks the end of the tax-year, taking advantage of tax breaks is a top-of-mind goal. There is still time to capitalise on the savings incentives instated by government. If making a decision between a unit trust-based retirement annuity (RA) or a unit-trust based tax-free investment (TFI), both of which offer tax incentives, which should you choose? Jeanette Marais, director of distribution and client service at Allan Gray, explains.

SA youth maximising opportunity to invest in Tax-Free Savings

24 February 2016 | Savings & Investments

FNB Investments says South African youth are maximising the opportunity to invest in Tax-Free Savings. This follows a finding that 17% of FNB customers, aged between 21 and 30, have opened a Tax-Free Savings account and have opted for the shares option.

Budget Speech must not leave retirement industry in limbo

23 February 2016 | General

Given the South African Government’s recent U-turn on the annuitisation of provident funds at retirement, it is critical that the Budget Speech on 24 February provides clarity as to how provident funds will be treated in two years’ time. This is imperative if Government is committed to the policy objectives that underlie the reforms.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results