Food for Thought

LEGAL NOTE: SEPTEMBER 2024 – Impact of Accessing your Savings Component in the Two Pot Retirement System

The Two Pot Retirement System will be implemented with effect of 1 September 2024. 10% of the member’s Vested Component (member’s current...

National Budget Speech 2024

On 21 February 2024 Finance Minister Enoch Godongwana delivered his budget speech, summarised on a high level, as follows: Retirement...

LEGAL NOTE | November 2023 - Postponement of the two pot system to 2025

National Treasury and SARS provided feedback on 25 October 2023 at the Standing Committee on Finance as part of the parliamentary process...

LEGAL NOTE: UPDATE ON THE TWO POT SYSTEM

National Treasury issued the revised 2023 Draft Revenue Laws Amendment Bill and 2023 Draft Revenue Administration and Pension Laws...

LEGAL NOTES Update: Impact of the Budget Speech 2023/2024 on Retirement Funds

On 22 February 2023 Finance Minister Enoch Godongwana delivered his budget speech. He noted that the 2023 budget is being tabled in a...