comparemela.com

Latest Breaking News On - ஓய்வூதியம் நிதி நாடகம் - Page 13 : comparemela.com

Estate planning: Ensuring that your minor children receive their inheritance

Estate planning: Ensuring that your minor children receive their inheritance
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

The projects your retirement money could help fund in South Africa

The projects your retirement money could help fund in South Africa Subscribe The National Treasury has published its draft amendments to Regulation 28 of the Pension Funds Act for public comment, detailing the projects which South African pension funds could soon invest in. Treasury said that the proposed review of Regulation 28 is informed by calls for increased investment in infrastructure given the current low economic growth climate. “The current regulation does not define ‘infrastructure’ as a specific category, which is currently spread across a number of asset classes like equity, bonds, loans and private equity. “Consequently, current data from retirement funds does not record the exact investment in infrastructure.”

National Treasury on the Amendments to Regulation 28 of the Pension Funds Act and public comments

National Treasury on the Amendments to Regulation 28 of the Pension Funds Act and public comments Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With. Clear Search Sponsored by Sponsored by The National Treasury on Friday published draft amendments to Regulation 28 of the Pension Funds Act (“amendments to Regulation 28”) for public comment on its website. Due to technical problems currently being experienced by the Government Printing Works, publication of the Gazette was delayed until 1 March 2021 and backdated 12 February 2021. As a result of this delay, comments on the amendments to Regulation 28 will be accepted until 29 March 2021, as indicated in the media statement that was published on 26 February 2021.

Debate over proposed amendments to Pension Fund Act heating up

───   11:53 Fri, 05 Mar 2021 The debate over proposed amendments to the Pension Fund Act of 1956 is heating up. This would allow workers who have fallen on financially hard times because of the devastating impact of the COVID-19 pandemic to be able to access a percentage of their Pension Fund money before retirement. Workers’ retirement savings currently amount to trillions of rand with the Public Investment Corporation managing R2-trillion on behalf of the Government Employees Pension Fund. Cosatu first proposed the move at the height of massive retrenchments last year, which saw over two million people losing their jobs due to the national lockdown to fight the spread of COVID-19 in the country.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.