Sanlam Corporate is resolute in enabling financial resilience for our clients through these difficult times and wishes to highlight the administration mechanisms available to financially distressed clients.

The following proposals and information provided in either the Budget Speech or the Budget Review (published on http://www.treasury.gov.za) are relevant to the employee benefits industry.

One of the main reasons for the extension was that the FSCA is in the process of finalising an Interpretation Ruling relating to section 37C of the Act.