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NATIONAL TREASURY'S OVERVIEW OF BUDGET 2012
National Treasury released their latest discussion paper entitled "Strengthening Retirement Savings" for comment on 14 May 2012. Our summary and comment can be downloaded
HERE (300 kb PDF)
Please click HERE to access the media release that National Treasury has issued providing an overview of the 2012 Budget proposals.
Please click HERE to access the discussion document entitled "Strengthening Retirement Savings: Overview of the 2012 Budget Proposals" which contains an overview of the above-mentioned draft proposals.
2012 NATIONAL BUDGET
The 2012 budget speech was read out by Finance Minister Pravin Gordhan on 22 February. What are the implications for retirement funds and their members?
Simeka Consultants & Actuaries' Budget Summary (32 kb PDF)
Extracts from the Budget Review:
Retirement Reforms (32 kb PDF)
Social Security and Retirement Reform (117 kb PDF)
National Health Insurance (248 kb PDF)
Direct Tax Proposals (197 kb PDF)
To calculate how the new tax tables will affect you, click HERE (160 kb XLS)
Simeka Consultants & Actuaries was recently rated in the Top 3 for
Best Consulting and Actuarial Firm in South Africa
in an annual industry survey conducted by Professional Management Research (PMR). The survey, which is conducted among listed and large companies in South Africa, focuses on group life/risk products, group pension and provident funds and investment products. A total of 150 principal officers were surveyed.
Head Office staff are pictured below.
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