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closed retirement funds - Page 2

rugby retirement
News

Announcing the Last Act of a Rugby Legend: Juan de Jongh’s Transformation

by Tumi Makgale
November 28, 2023

Rugby player Juan de Jongh has retired and is now coaching WP’s pipeline teams and athletes at Stellenbosch Academy of Sport. His retirement marks the beginning of a new chapter in his career, as he swaps his rugby boots for a coach’s whistle. Despite leaving the pitch, de Jongh’s legacy will continue to mold the future of rugby through his coaching and influence.

denis onyango retirement
News

The Legacy and Future of Denis Onyango

by Emma Botha
November 23, 2023

Denis Onyango is a Ugandan football player that has had a big impact on South African football with his extraordinary performances and leadership. He has had an impeccable career playing for SuperSport United and Mamelodi Sundowns, and has helped Uganda qualify for consecutive Africa Cup of Nations. Although he is considering retirement, Onyango envisions a future mentoring and nurturing budding talents, thus carrying forward the legacy he has been a part of.

rugby duane vermeulen
News

The Imposing Legacy of Duane Vermeulen

by Hannah Kriel
November 12, 2023

Duane Vermeulen is a rugby legend known for his imposing presence and outstanding contributions to South African and Bulls rugby. With 76 Test appearances and a World Cup victory, Vermeulen has set a new gold standard in his position as number eight. His distinguished career and exceptional achievements have earned him the title of supreme Springbok number eight, leaving an inspiring legacy for fans, players, and administrators alike. Vermeulen’s retirement marks the end of an era, but his contribution to the sport will continue to inspire and resonate for generations to come.

duane vermeulen retirement Cape Town
News

A Heartfelt Farewell: Duane Vermeulen’s Final Home Game and the Road to Retirement

by Hannah Kriel
August 1, 2023

Over the weekend, the Springboks rugby team faced a challenging match against Argentina, yet it was also a significant occasion for South African rugby. Duane Vermeulen, a celebrated star and nicknamed “Thor,” played his final game on home soil before embarking on the journey to the Rugby World Cup in France. As one of the most accomplished and dedicated rugby players of his generation, Duane’s announcement of his impending retirement has been met with an outpouring of support, respect, and admiration.

south african football lebogang manyama
News

A Tribute to Lebogang Manyama: Celebrating an Illustrious South African Football Career

by Kagiso Petersen
June 30, 2023

Lebogang Manyama made a significant impact in the South African football scene during his illustrious career. He played for Ajax Cape Town, SuperSport United, Cape Town City, and the renowned Kaizer Chiefs, leaving an indelible mark on fans and fellow players alike. Manyama’s outstanding talent was showcased in nearly 100 appearances for the Chiefs between 2018 and 2022, along with his numerous national team matches.

retirement savings
News

South Africa’s “Two-Pot” Approach to Secure Retirement

by Serjio Zakharoff
June 12, 2023

South Africa is making strides towards providing a more secure future for retirees with the introduction of the “twopot” retirement system. The National Treasury and the South African Revenue Service (SARS) have released draft bills proposing legislative amendments to implement the first phase of the system. The bills aim to streamline the retirement process and protect the liquidity of funds, ensuring that retirees have adequate savings to support them during their golden years.

rugby springbok legends
News

The Final Curtain for Springbok Legends Morne Steyn and Bismarck du Plessis

by Hannah Kriel
June 10, 2023

Morne Steyn and Bismarck du Plessis are two names that have left a significant impact on the rugby world. These two Springbok legends have had an illustrious career that has inspired many young players to strive for greatness. However, as the Currie Cup unfolds this weekend, we may be witnessing their final performances as they may soon retire from the sport.

fire service retirement
News

A Tribute to Fire Service Veterans: Over 60 Years of Combined Dedication

by Serjio Zakharoff
May 31, 2023

Two members of the City Fire & Rescue Service have retired after a remarkable service of over 60 years combined. Alderman JP Smith, Mayoral Committee Member for Safety and Security, hosted a ceremony at Roeland Street fire station to acknowledge their unwavering dedication and hard work.

south africa military veterans
News

Military Veterans Pension Rollout in South Africa

by Serjio Zakharoff
May 11, 2023

On April 26, 2023, the Ministry of Defence and Military Veterans in South Africa announced the rollout of the longawaited Military Veterans Pension. This financial support for veterans was legislated in the Military Veterans Act of 2011, Act no. 18 of 2011.

itumeleng khune south african soccer
News

The Incredible Journey of Itumeleng Khune and His Uncertain Future

by Emma Botha
May 11, 2023

Itumeleng Khune is a household name in South African soccer, known for his remarkable reflexes and excellent distribution skills. The goalkeeper has captained both Kaizer Chiefs and the national team, earning a reputation as one of the sport’s alltime greats.

tax exemption bulking payments
News

New Notice by National Treasury and SARS Provides Tax Exemption for Bulking Payments to Former Members of Closed Retirement Funds

by Kagiso Petersen
May 6, 2023

The National Treasury and the South African Revenue Service (SARS) have recently gazetted a notice that grants a tax exemption for bulking payments made to former members of closed retirement funds. This notice aims to provide consistency in tax treatment, clarity, and certainty for South African taxpayers.

Previous 1 2
  • Forging a Path to Enhanced Executive Oversight
  • Cape Town’s Unmissable Weekend of Sporting Action
  • South Africa Shines on the Global Cheese Stage
  • Renewing the Mozambique-South Africa Partnership: Highlights from the 4th Bi-National Commission
  • Deepening South Africa-Mozambique Ties: Progress and Prospects from the Fourth Bi-National Commission

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