Annuitisation of provident funds to proceed on 1 March 2016
- Posted by Roger Hendricks
- On 01/14/2016
The National Assembly recently approved the Taxation Laws Amendment Bill which confirms that from 1 March 2016 future retirement savings in provident funds will be subject to compulsory annuitisation (as pension funds savings already are), but importantly also confirms that this will not interfere with members’ rights in relation to savings up until that date. […]
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