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increase

Retirement Reform Changes

TheHustle - Business By February 12, 2016 Tags: , , , , , No Comments

By Qiniso Ntuli

Image: businesskorea

Image: businesskorea

On 1 March 2016, the commutation threshold will increase from R75 000 to R247 500, which will have a direct affect on your clients’ retirement decisions.

What does this mean?
The member can qualify for a lump sum payment in cash at retirement if the total of the existing available fund benefit plus benefits already accrued are less than R247 500. Should the amount be more than R247 500, the member will only be entitled to one third as a lump sum payment and the remaining amount must be used to purchase an annuity.

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The Rise of Women in Cricket

TheSpectator - Sport By February 5, 2016 Tags: , , , , , , No Comments
We can do it

Image: adweek

By Lunga Kupiso

The movement for equality across the African continent is vastly growing in momentum, and it should be no surprise that the sporting industry is also pulling all the measures to ensure that women get all the support they can to excel on the sporting field.

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