https://www.webberwentzel.com//Pages/RSS-Feeds.aspx Webber Wentzel feed en-us Copyright 2020 Sun, 16 Aug 2026 18:55:59 +0200 Sample Code http://server/image.jpg https://www.webberwentzel.com//Pages/RSS-Feeds.aspx b762a240-80ed-49e9-8942-ba23a534c333 d5945d87-eabe-4ede-8a7a-960bfee9c83e https://www.webberwentzel.com//News/Pages/enforcement-of-retirement-fund-contributions-withdrawal-of-the-variation-notice-and-the-employment-laws-amendment-bill-2025.aspx Two distinct but complementary regulatory developments have reshaped the enforcement of retirement fund contribution obligations in South Africa. The first is already in effect; the second is presently open for public comment ahead of its formal introduction to Parliament. 2026-03-19T22:00:00Z d23df349-b5e9-4194-ab61-937d2c99096b https://www.webberwentzel.com//News/Pages/employers-now-subject-to-dual-enforcement-for-non-payment-of-benefit-fund-contributions.aspx The Minister of Employment and Labour (the Minister) has withdrawn a long-standing exemption that previously shielded employers from labour law enforcement regarding deadlines for payment of benefit fund contributions. This change strengthens the enforcement framework and creates additional compliance obligations for employers. 2026-01-18T22:00:00Z e6a99c77-93a1-46fa-97e8-4f92f5220728 https://www.webberwentzel.com//News/Pages/how-the-pension-funds-industry-will-be-affected-by-the-conduct-of-financial-institutions-bill.aspx The Conduct of Financial Institutions Bill, 2020 (CoFI) represents a landmark transformation of South Africa's pension fund regulatory landscape, introducing comprehensive reforms that will fundamentally reshape how retirement funds operate and are supervised. 2025-09-02T22:00:00Z e10916d6-6212-452b-92b8-07267feb0847 https://www.webberwentzel.com//News/Pages/the-fsca-ushers-in-a-new-era-for-pension-fund-administrators-after-23-years.aspx The Financial Sector Conduct Authority (FSCA) has published Conduct Standard 2 of 2025 (the 2025 Standard), setting out reformed conditions for pension fund benefit administrators under section 13B(1) of the Pension Funds Act, 1956. 2025-08-14T22:00:00Z d632e511-4507-46b6-8542-1afd8ea65f72 https://www.webberwentzel.com//News/Pages/the-critical-timing-of-dependent-status-in-pension-death-benefits.aspx In a society where millions of South Africans depend on a single breadwinner for survival, the death of that provider can leave families financially devastated. Yet despite the enormous sums involved, and the critical importance of these benefits to vulnerable families, there is often litigation surrounding section 37C of the Pension Funds Act 24 of 1956 (PFA) and its application. 2025-08-14T22:00:00Z 3078e0d7-0bea-4f5c-99a5-309315385725 https://www.webberwentzel.com//News/Pages/navigating-the-retirement-maze-mechanisms-of-retirement-implementation.aspx In the dynamic landscape of workforce management, the concept of retirement age holds both rational and practical importance. For employers, understanding the legal framework is crucial for ensuring compliance and adapting to evolving standards. 2025-05-07T22:00:00Z 67bd80b4-8ccd-4890-a344-ee0bb547307a https://www.webberwentzel.com//News/Pages/understanding-employers-pension-fund-obligations-directors-personal-liability-for-unpaid-pension-contributions.aspx In today’s challenging economic climate, many companies face financial distress and even insolvency. However, recent legal developments make it clear that financial hardship is no excuse for failing to meet statutory obligations, particularly the obligation to pay over retirement fund contributions deducted from employees' salaries. 2025-04-28T22:00:00Z a9c240ba-54d3-4b88-ab80-c443a8e6b744 https://www.webberwentzel.com//News/Pages/national-treasury-accommodates-many-public-comments-on-the-two-pot-retirement-system-proposals.aspx National Treasury has amended its original proposals on the two-pot retirement system, taking public comments into account, including a later implementation date of 1 March 2025. 2023-10-25T22:00:00Z 6fb766c8-3a7c-4442-ae03-fb355f7141c7 https://www.webberwentzel.com//News/Pages/new-draft-rules-on-the-proposed-two-component-two-pot-retirement-system.aspx The anticipated draft amendments to legislation that will implement the first phase of the two-component retirement system have been published for comment. 2023-07-12T22:00:00Z 7d46324b-605b-4330-a873-6b40752d023d https://www.webberwentzel.com//News/Pages/webber-wentzel-embraces-generative-ai-as-part-of-its-ongoing-innovation-journey.aspx Webber Wentzel is taking the lead on responsible Artificial Intelligence (AI) investment within the African legal landscape as part of its continued commitment to deliver an exceptional client experience and foster an open, creative, and entrepreneurial culture. 2023-06-22T22:00:00Z 01ceb9fd-54f8-438c-88d0-ef547f1d6c3c https://www.webberwentzel.com//News/Pages/national-treasury-takes-proposed-two-pot-retirement-system-forward.aspx Revisions to the draft legislation on the “two-pot” system for retirement funds were published on 9 June 2023, incorporating proposals mentioned in Chapter 4 of the 2023 Budget Review 2023-06-12T22:00:00Z db418ca3-daeb-427f-b5a6-1ba9f8cb7b2b https://www.webberwentzel.com//News/Pages/south-africa-has-been-grey-listed-what-are-the-implications-for-the-country-going-forward.aspx South Africa’s greylisting by the Financial Action Task Force (FATF) has significant implications for its economic growth and global competitiveness, but moves are already being taken to satisfy the FATF 2023-02-23T22:00:00Z cbafab8a-d139-4d3f-b4d2-09b828319a5c https://www.webberwentzel.com//News/Pages/webber-wentzel-recognised-as-2022-south-africa-law-firm-of-the-year-by-top-ranked-legal.aspx Webber Wentzel has been awarded the 2022 South Africa Law Firm of the Year in the EMEA Awards by Top Ranked Legal. 2022-12-20T22:00:00Z 3b2721c1-76d3-4ba5-913e-9631f728ae15 https://www.webberwentzel.com//News/Pages/webber-wentzel-won-the-african-legal-awards-for-african-law-firm-of-the-year.aspx Webber Wentzel has been named African Law Firm of the Year (Mid-Large Sized Practice) at the 2022 African Legal Awards. 2022-10-23T22:00:00Z 6d606e7b-e7b5-4964-b8f8-c722251787df https://www.webberwentzel.com//News/Pages/national-treasury-and-sars-refine-two-pot-retirement-proposals-in-response-to-feedback.aspx After wide consultation, National Treasury and SARS have made some changes and clarifications to the original proposals on introducing a “two pot” retirement system. 2022-10-17T22:00:00Z fc2a7e34-3a32-494e-bbde-025bdb3c6fc9 https://www.webberwentzel.com//News/Pages/retirement-funds-and-salaries-are-not-a-refuge-from-the-taxman.aspx SARS has the powers to appoint third parties to collect outstanding tax debts from a taxpayer’s retirement or salary payments. 2022-07-19T22:00:00Z 643eb653-6ce2-4565-ac7c-1f8340bb4128 https://www.webberwentzel.com//News/Pages/fsca-regulation-plan-for-1-april-2022-to-31-March-2025.aspx The FSCA has published its Regulatory Plan for the next three years (from 2022 to 2025) to support transparency and help the industry to prepare for legislative changes. 2022-07-03T22:00:00Z b64c2085-d4b6-4c37-8335-e5381a1c6d05 https://www.webberwentzel.com//News/Pages/fsca-request-for-information-on-paid-up-members-of-retirement-funds.aspx Retirement funds and administrators have until 30 September 2021​ to provide information about paid-up members in the required format to the Financial Sector Conduct Authority. 2022-06-22T22:00:00Z c51834cd-7740-40e6-8283-67747f18d402 https://www.webberwentzel.com//News/Pages/national-treasury-sheds-light-on-its-thinking-around-retirement-reform.aspx In a recent conference, National Treasury Acting DG Ismail Momoniat explained National Treasury’s views on the two-pot retirement system, governance of umbrella funds and changes to Reg 28. 2022-06-22T22:00:00Z 9cd9e860-d1a1-4d8a-b6aa-cdd2ee3b4f0e https://www.webberwentzel.com//News/Pages/unclaimed-retirement-benefits-in-the-mining-industry.aspx Union Funds in the mining industry are holding particularly large sums in unclaimed benefits, for several reasons, including poor record-keeping. 2022-05-05T22:00:00Z 72cbbc17-6a7b-49b0-9d63-809860f1e470 https://www.webberwentzel.com//News/Pages/22-legal-developments-for-businesses-to-monitor-in-2022.aspx We have collated a snapshot of key themes to track in 2022 and of 22 legal developments for the year which you will need to keep a tab on. In 2022, various legal developments are expected to have an impact on businesses, particularly in the fields of liability, ESG, digital and economic transformation. 2022-03-22T22:00:00Z d8b6c345-f99c-4a98-9246-ada03a531d2f https://www.webberwentzel.com//News/Pages/webber-wentzel-recognised-in-chambers-global-2022.aspx Earlier this year, Webber Wentzel was awarded South Africa Law Firm of the Year at the Chambers Africa Awards 2022. Yesterday, Chambers Global released its 2022 results, ranking law firm practices and lawyers according to their client service, commercial vision, business understanding, diligence and value for money. 2022-02-17T22:00:00Z 27e17177-99e5-49bd-97b7-e8583815e434 https://www.webberwentzel.com//News/Pages/The-tax-burden-on-annuitants-spread-not-lightened.aspx The latest move by SARS to require the withholding of PAYE from annuity payments at an "Effective Tax Rate" as required in directives issued to payers of annuities may help some annuitants to plan their finances, but may disadvantage others. 2022-02-14T22:00:00Z a9d53d24-08d6-43e3-b769-14114db03492 https://www.webberwentzel.com//News/Pages/treasury-plots-for-earlier-access-to-retirement-savings-and-better-governance.aspx National Treasury recently published two papers on retirement reforms for public comment, the first proposes a “two-pot” system to improve accessibility and preservation of retirement savings, and the second to improve governance of umbrella funds 2022-02-03T22:00:00Z d35968ef-7dce-458c-b8ad-776989928776 https://www.webberwentzel.com//News/Pages/south-african-law-year-to-come-2022-and-year-in-review-2021.aspx Webber Wentzel has contributed to the Linklaters' global guide series - Year to Come 2022 and Year in Review 2021. The series brings together analysis, thinking and highlights from lawyers around the world across multiple jurisdictions, in the form of topic-specific and jurisdictional guides. 2022-01-17T22:00:00Z 99cace9e-0475-401d-97f7-9984b8916ad8 https://www.webberwentzel.com//News/Pages/pensions-offering.aspx The legal landscape for pensions is highly regulated and requires deep technical expertise to navigate. There are also frequent changes to the multitude of laws which adds to the layers of complexity. 2021-10-07T22:00:00Z