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Pension Fund Adjudicator's Concerns Mirror Deloitte Findings 07 March 2006 The concerns raised by Vuyani Ngalwana, the Pension Fund Adjudicator in his latest annual report, mirror the findings of the Deloitte survey into Retirement Fund Governance authored by George Cavaleros, Partner in the Deloitte Financial Services Team.

The Deloitte survey concluded that retirement fund governance is not at acceptable levels (6 out of 10) and consequently funds, their members and trustees are exposed to unacceptable levels of risk. 

Judging from the number and nature of complaints received by the Adjudicator, the Deloitte conclusion continues to be valid.

This article looks at some of the...

2006 Budget Expectations from Deloitte 09 February 2006 BEE deals
There has been substantial relaxation in the corporate reorganisation rules introduced in the latest proposed amendment to the Income Tax Act.  As a result, many transactions including BEE deals which previously failed to qualify for tax roll-over relief will qualify for this relief in the future and will be capable of being implemented on a tax-neutral basis.  Therefore, it seems unlikely that further rules will be introduced to provide tax relief to BEE transactions.

As far as tax avoidance is concerned, the corporate reorganisation rules apply, subject to the general anti-avoidance provisions...

World-class software for Busines Risk Management 12 December 2005

Do unexpected events hijack your best laid business plans?  Would your financial targets have been achieved except for ….?

 

Whilst risk is an inherent part of any business, it can be a threat to business success if it is not...

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