Provident funds have not been granted any further extensions to comply with the requirement that they must buy a pension at retirement.
Members of these funds have enjoyed the same tax deductions for contributions made to their funds as pension and retirement annuity (RA) fund members since 2016...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.