Michelle Acton, Principal consultant at Old Mutual Corporate
President Jacob Zuma recently signed the Taxation Laws Amendment Bill, which means there will soon be compulsory annuitisation of two thirds of provident fund savings on retirement. Not everyone is happy about this – especially the Congress of South African Trade Unions. There is a lot of confusion around retirement reform. Clarification is needed – and has been ably provided – by Michelle Acton, principal consultant at Old Mutual Corporate Consultants. (more…)
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