Financial Service Board circular

The FSB Information Circular PF 24 of 2017 specifies that with effect 1 March 2017, all retirement funds will be required to apply for a tax directive in respect of members transferring to the fund by means of a Section 14.

The Financial Surveillance department

The South African Reserve Bank, Financial Surveillance Department has been engaging with many of their stakeholders with regards to reducing the submission period of the Quarterly Asset Allocation Reports (QAARs).