Many South Africans believe that their retirement funds are under attack. Is this fear well founded or an over-reaction to media headlines?
Tag - National Treasury
The President's address on 23 March set out certain fiscal relief measures to help SMEs and vulnerable firms mitigate cashflow constraints as a consequence of the COVID-19 outbreak.
For those who are looking to save for the medium term and don’t plan on touching the money for at least two years, the RSA Retail Savings Bond, offered by National Treasury, is an attractive option.
While undoubtedly serious, the threat of a downgrade in South Africa's credit rating needs to be seen in context.
Proposals to curb the costs of borrowing will be welcomed, but a likely consequence is that less credit will be available.
President Zuma’s about-turn to recall David Van Rooyen and appoint Pravin Gordhan as finance minister shows that he is willing to listen to reasoned argument, to respond accordingly and to put his country first.
National Treasury has confirmed that the long-awaited retirement reform will go ahead on 1 March 2016. What does this mean for you?
The National Credit Regulator is clamping down on the type of unethical practices that have long plagued the consumer credit insurance industry.
National Treasury recently released its latest paper on retirement reform entitled "Retirement reform: lowering charges and improving market conduct" in which it makes recommendations for default retirement options which will provide a reasonable retirement solution to those individuals who don't want to be actively engaged in their retirement...
Despite an investigation into the rates charged by credit providers for insurance, borrowers are still paying high rates for their credit insurance. If you were stuck for cash and needed to borrow R5 000 which you would pay back over just four months, how much do you think you would pay for that loan? Well if you are a high-risk client (ie, a low...