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It is vital for directors to understand that under section 13A(2) and (3) of the Pension Funds Act 24, 1956 (the "Act"), regardless of a registered fund's internal rules...

A recent decision of the Financial Services Tribunal underscores a crucial distinction in pension law — the jurisdictional boundary between approved and unapproved benefits.

In the recent decision of NN and OB Transport CC and Others v Transport Sector Retirement Fund and Others, the Financial Services Tribunal dismissed the employer's application...

The question often arises as to when employees should retire and when employers can compel such employees to retire.

The recent decision in PRSS Solution (Pty) Ltd v M G Marara and Others by the Financial Services Tribunal (the Tribunal) underscores the crucial responsibility of employers...

The implementation of the two-pot system on Sunday, 1 September 2024, has fundamentally altered the South African retirement fund landscape.

Many employees don't fully appreciate the importance of a reference letter and how significantly it can benefit their future job prospects.

Economists predict that the Coronavirus (COVID-19) pandemic will lead to retrenchments on an unprecedented scale on the back of an already weak economy.

Two Bills have recently been published in their final form, giving effect to the amendments announced in the Budget Speech last February. The most significant amendments relate to the decision to simplify the calculation of the taxable portion of lump sums from pension, provident and retirement annuity funds, and to reduce the tax burden on such sums.

In view of the impending implementation of the Portable Gratuity Retirement Fund ("PRGF"), the Minister of Labour, Human Resource Development and Training...

The new Act provides for stiffer penalties in the case of mismanagement or diversion of pension funds.

The recent High Court judgement in Cadac Pension Fund and Others v Nash and Others (Gauteng Division, Johannesburg, 16 April 2025) offers important guidance on the role of interim interdicts...

Returning to South Africa involves more than relocating. Becoming a South African tax resident can affect your worldwide income, offshore assets, estate planning and retirement savings. Reviewing your structures before you return can help avoid unnecessary tax exposure and preserve long-term flexibility.

Various court decisions have established parameters regarding the withholding of a member's benefit by a pension fund, under section 37D(1)(b)(ii) of the Pension Funds Act 24, 1956 ("the Act").

The National Treasury and Parliament have introduced a new retirement system to replace the current Pension and Provident retirement systems.

Finance Minister Pravin Gordhan revealed a proposal to change legislation governing retirement fund contributions in the 2012 Budget.

Section 28 of the Constitution of the Republic of South Africa, 1996 ("the Constitution") states that a child has the right to parental care, basic nutrition and health services.