Michael Sassoon, Group Chief Executive Officer, Sasfin Holdings Limited Sasfin Group’s headline earnings per share for the year to 30 June 2023 declined 19.4% to 366.18 cents from 454.43...
Service Providers & Industry Bodies
MTBPS Preview: Hoping for the best, but prepared for the worst
Bulent Badsha, Portfolio Manager at M&G Investments The South African fixed income market keenly awaits the upcoming Medium Term Budget Policy Statement (MTBPS) on 1 November 2023. In...
Some notable determinations from the 2022/2023 financial year as per the recently released annual report
Muvhango Lukhaimane, Pension Funds Adjudicator One of the advantages of a specialist tribunal such as the Office of the Pension Funds Adjudicator (OPFA) is that parties can rest assured that...
National Treasury accommodates many public comments on the two-pot retirement system proposals
Joon Chong, Partner & Nicolette van Vuuren, Senior Associate at Webber Wentzel National Treasury has amended its original proposals on the two-pot retirement system, taking public...
Ninety One boosts trading leadership team with two promotions
Cathy Gibson, Ninety One’s Global Head of Trading at Ninety One Ninety One is pleased to announce two key changes in the leadership structure of the company’s trading function. Former...
Two appointments in M&G Investments Institutional Business Development team
Naleni Govender, Head of Institutional Business at M&G At M&G Investments, we continue to see growth from the institutional client base across our local and global investment value...
National Treasury Provides an Important Update Regarding the Two-Pot Retirement System
Vickie Lange, Head of Best Practice at Alexforbes On 25 October 2023, National Treasury and the South African Revenue Service (SARS) provided important feedback at the recent sitting of the...
The lowdown on living annuity income payments to foreign bank accounts
Alix Moreillon, legal adviser at Allan Gray The rules around the payment of proceeds from South African long-term insurance policies to foreign bank accounts can be confusing. Alix Moreillon,...
Taming the inflation genie
Sanisha Packirisamy, Economist at Momentum Investments “Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man.” These words, spoken by Ronald...
Rise in complaints due to trust in Office of Pension Funds Adjudicator
Muvhango Lukhaimane, Pension Funds Adjudicator There has been an upward trend in new complaints reaching the Office of the Pension Funds Adjudicator (OPFA), moving towards pre-Covid levels....
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