PENSION FUND FORMS The Financial Services Tribunal has warned prospective retirees to review their paperwork carefully, as errors can lead to substantial losses. In a recent case, a member’s retirement was processed as a withdrawal instead of a retirement because the member had incorrectly used a withdrawal form. This error resulted in a significant loss to the member as the tax deductions made were based on a withdrawal, not a retirement. The Pension Fund Adjudicator found t

PENSION FUND ARREARS The Main Collective Agreement provides that membership of the HBSI Pension Fund is compulsory for employees in the industry.   In the absence of an exemption, it is a legal requirement that employers submit payment of the required contributions to the Council for payment to the Fund.   A failure to pay over contributions as required is not only a contravention of the Pension Fund Act and a criminal offence, but also potentially leaves employers exposed to

STAFF AMENDMENTS Establishments are reminded to inform the Council by way of the Staff Amendment Form of any changes in employee status....

STAFF AMENDMENTS Establishments are reminded to inform the Council by way of the Staff Amendment Form of any changes in employee status....

SURVEY: BEAUTY SECTOR: SOMATOLOGISTS Following the indication by the AHPCSA (Allied Health Professions Council of South Africa) that it...

SURVEY: BEAUTY SECTOR: SOMATOLOGISTS Following the indication by the AHPCSA (Allied Health Professions Council of South Africa) that it...

City & Guilds Industry-Qualified Hairdressers: Opportunity to Obtain South African National Qualification The list of accredited Trade...

City & Guilds Industry-Qualified Hairdressers: Opportunity to Obtain South African National Qualification The list of accredited Trade...

Opportunity for City & Guilds Industry-Qualified Hairdressers to Obtain the South African National Qualification Establishments are again...