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All news by: Gavin Wright

Retirement Reform Update

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.