Work, save, retire. That’s the drill, right? But today’s savers face new challenges. For starters, we’re living longer, which means your money needs to last longer – potentially beyond your 60s. In reality, most people overlook their retirement saving plans.…
Current status of the Bill The National Assembly passed the National Health Insurance (NHI) Bill on Tuesday, 13 June. Now that the Bill has been passed, we understand that there may be uncertainty regarding the future of the private healthcare…
The Taxation Laws Amendment Act No. 20 of 2022 (“TLAA”) was promulgated in Government Gazette No. 47826 on 5 January 2023. The TLAA includes the following changes relevant to retirement funds • Allowing for partial transfers on retirement annuity funds…