LATEST NEWS

Cedar Employee Benefits Acquired By NMG

The Hollard Insurance Group, South Africa’s largest independent insurer, today (1 March 2018) announced the disposal of its stake in Cedar Employee Benefits to NMG Benefits, the South African arm of the international NMG Group.

37D DEDUCTIONS

Section 37D of the Pension Funds Act only allows certain deductions to be made from your benefit when you leave the fund. This is to prevent someone using their retirement benefit as collateral and to stop creditors eating away at money that is meant to help you live after you retire. But what is allowed to be deducted from your...

DEALING WITH DISABILITY CLAIMS

What exactly happens if an employee becomes seriously ill or disabled whilst in employment? This is a very common question asked by both employers and members. To answer that question, and to ensure the process goes smoothly for all parties, we have set out the following guide to explain the disability...

HOW YOUR BENEFIT IS CALCULATED

If you exit the fund because you leave your company, you can be paid out a cash benefit from your retirement fund. You might expect a certain amount to be paid out and be either pleasantly surprised or somewhat disappointed. The expectation you have is based on how you perceive your benefit to be calculated. This note will explain how your benefit is calculated...

NATIONAL TREASURY SUMMARY

All South Africans have a constitutional right to social security. This includes poverty alleviation through social grants, which are now received by some 15 million people. It also includes access to income-protection and income-smoothing arrangements such as life insurance and pensions. Comprehensive social security is fully in line with...

TAXATION LAWS AMENDMENT

The Taxation Laws Amendment Act, No. 7 of 2010, which was signed into law and published in the Government Gazette, No. 33726, on 02 November 2010, introduced a number of important amendments to the tax laws affecting the retirement fund industry. Below are four of the relevant changes.

CLIENT ADMINISTRATION FORMS

Our client administration forms and related documents have been moved. They are now available to client HR or Payroll officers in our Client Login site in the Downloads section.

If you are a client and you do not have access to the Client Login site, please contact your Fund administrator.