Retirement - News Archive

1. Experience trumps youth in top appointments: (Latest News); Companies may begin to discard the notion of candidates' proximity to retirement age when making top appointments. Trends suggest that economic uncertainty sees boards go for proven leaders, despite ...; Created on 28 Mar 2014
2. Job losses reached a 3 year high this February…What can you do?: (News); ... your work. Do not sit back and wait for them to come to you – go and find them. They need to keep you front of mind." Unfortunately, for those close to retirement age, finding permanent work proves a ...; Created on 13 Mar 2014
3. Tribunal approves large mining merger subject to two-year no retrenchment condition: (News); ... does not however cover retrenchments as a result of voluntary separation arrangements or voluntary early retirement packages. The merging parties elected not to contest the condition. "An entity looking ...; Created on 10 Mar 2014
4. Should you reinstate someone in a constructive dismissal case?: (Dismissal); ... sick leave he applied for ill-health retirement and temporary incapacity leave. Because of a technical error on the department's side, he was informed that he would need to resubmit his application for ...; Created on 6 Mar 2014
5. When do pension benefits accrue to divorced spouses?: (News); In the decision of Ngewu and another v Post Office Retirement Fund and others [2013] 1 BPLR 1 (CC), the Constitutional Court had to decide when pension benefits accrue to divorced spouses. In this case, ...; Created on 5 Mar 2014
6. 6 Ways the 2014 Budget will affect your employees: (Tax); ... have been adjusted to R123 350. 2. Employees are also set to get a bonus in terms of how much they'll be allowed to deduct from their salaries for contributions to: Pension, Provident, and Retirement ...; Created on 5 Mar 2014
7. New taxation rules for your payroll systems: (Payroll); ... make sure you have all the information for any retirement annuity and medical aid tax deductions. It's a useful exercise to run a test IRP 5 upload as this can show you any issues - such as negative ...; Created on 4 Mar 2014
8. Retirement funds that don’t report on time face penalties: (News); The registrar of pension funds appears to regard the problem of the late submission of retirement fund actuarial reports as pervasive enough to warrant administrative sanction. Late in January this ...; Created on 26 Feb 2014
9. Clayton Samsodien: (Meet our authors); ... employee benefits strategies and focuses on bringing a strong voice to the industry. Clayton serves on the board and provides industry analysis and comment in the health-care, retirement fund and employee ...; Created on 25 Feb 2014
10. Sage VIP Annual Payroll and Tax Seminar 2014: (Company Category); ... reimbursements and tax certificate reporting • An update on Compensation fund, UIF and Retirement Funds • All the changes to payroll taxes for 2014 Attendees will ...; Created on 21 Feb 2014
11. Taxation Laws Amendment Act and how it affects you: (Tax); ... will be allowed as a deduction in the subsequent years of assessment – but subject to the 10% rule every year. 4. There will be a provident fund post-retirement annuity alignment At the moment, provident ...; Created on 20 Feb 2014
12. What can we expect from the 2014 budget?: (Tax); ... back at last year’s budget. The 2013 budget proposed a number of changes to some important areas of employment (the retirement reforms have already been discussed in a previous article) of which the following ...; Created on 11 Feb 2014
13. Two of SA’s top judges step down: (News); Arms deal commission member and Free State Judge President Thekiso Musi and head of the Electoral Court Judge Kenneth Mthiyane are stepping down after serving 15 and 12 years respectively, reports the ...; Created on 10 Feb 2014
14. Update on 2013 retirement reforms and how these affect your compliance requirements: (Retirement); In his 2013 budget speech, minister of finance Pravin Gordhan outlined a number of retirement reforms with which you have to comply. These include: taxation of retirement funds, compulsory preservation ...; Created on 5 Feb 2014
15. Government is helping SA citizens save tax free: (News); In last year’s budget minister of finance, Pravin Gordhan, announced – among others – a number of retirement and savings reforms that are set to come into effect in the coming years. One of these reforms ...; Created on 4 Feb 2014
16. Can an employee be forced to retire?: (News); ... had been 'retired'" because he had supposedly reached ‘retirement age’. Media reports reveal that Moyane was appointed on a five-year, fixed-term contract of employment in 2010, at the age of 57, and this ...; Created on 22 Nov 2013
17. Draft your employment contracts properly – or end up in court: (Contracts); ... to provide your employees with: A commission, The use of a vehicle, Medical aid, and Retirement benefits. If you do not provide these things, or withdraw them at a later stage, you are breaching ...; Created on 6 Nov 2013
18. New NWU study uncovers what motivates Generation Y employees: (News); ... group as a whole, the most important employment requirement of Generation Y employees is career development, which came in slightly ahead of a good base salary. 2.Retirement benefits were the third most ...; Created on 30 Oct 2013
19. What is the Shape of Your Retirement Plan?: (News); Most South Africans do not plan adequately for retirement. The upcoming Retirement Expo, aims to show how retirement can be a time to look forward to, provided you start or boost your retirement strategy ...; Created on 18 Oct 2013
20. Retirement: (Q&A); ... one? Answer: Your retirement strategy requires careful consideration. For a comprehensive and reliable answer, we would have to conduct a full needs analysis, considering: Your age, The total ...; Created on 29 Sep 2013

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