All news by: Gavin Wright Retirement Reform Update 1 March 2016 Gavin Wright 0 comments Three aspects of the retirement reform project have been postponed: 1. The annuitisation of provident funds; 2. The increase of the de minimis threshold; and 3. The tax neutral portability from a pension to a provident fund. This postponement is made possible by the Revenue Laws Amendment Bill, 2016, that was tabled in Parliament on 24 February 2016. Read more
Retirement Reform Update 1 March 2016 Gavin Wright 0 comments Three aspects of the retirement reform project have been postponed: 1. The annuitisation of provident funds; 2. The increase of the de minimis threshold; and 3. The tax neutral portability from a pension to a provident fund. This postponement is made possible by the Revenue Laws Amendment Bill, 2016, that was tabled in Parliament on 24 February 2016. Read more