Anu AnanmalaySep 24 min readEmployee BenefitsLEGAL NOTE: SEPTEMBER 2024 – Impact of Accessing your Savings Component in the Two Pot Retirement SystemThe Two Pot Retirement System will be implemented with effect of 1 September 2024. 10% of the member’s Vested Component (member’s current...
Anu AnanmalayFeb 262 min readLegalNational Budget Speech 2024On 21 February 2024 Finance Minister Enoch Godongwana delivered his budget speech, summarised on a high level, as follows: Retirement...
Anu AnanmalayNov 2, 20233 min readLegalLEGAL NOTE | November 2023 - Postponement of the two pot system to 2025National Treasury and SARS provided feedback on 25 October 2023 at the Standing Committee on Finance as part of the parliamentary process...
Anu AnanmalayJun 26, 20234 min readEmployee BenefitsLEGAL NOTE: UPDATE ON THE TWO POT SYSTEMNational Treasury issued the revised 2023 Draft Revenue Laws Amendment Bill and 2023 Draft Revenue Administration and Pension Laws...
Anu AnanmalayMar 6, 20235 min readEmployee BenefitsLEGAL NOTES Update: Impact of the Budget Speech 2023/2024 on Retirement FundsOn 22 February 2023 Finance Minister Enoch Godongwana delivered his budget speech. He noted that the 2023 budget is being tabled in a...