The Taxation Laws Amendment Act includes changes to the legislation that governs provident and provident preservation funds that will come into effect on 1 March 2021.
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Upcoming changes to provident and provident preservation funds
Tagged with: harmonisation, pension fund, preservation fund, provident fund, umbrella fund
Posted in News, Press Room
Posted in News, Press Room
Transfers from preservation funds to retirement annuity funds
The promulgation of the Taxation Laws Amendment Act, 22 of 2012 (TLA Act 2012), on 1 February 2013 has removed the final legislative barrier for transfers from preservation funds to retirement annuity funds. The definitions of “pension preservation fund” and…
