Divorce and your retirement savings – here are the facts

File Image: IOL Although the official statistics for South Africa’s divorce rate during Covid-19 are yet be released, globally, the pandemic sent divorce rates soaring by up to 30% or more during 2020. According to DIY Legal, South Africa ranks in 83rd place out of 154 countries for divorce. “An issue that is often overlooked […]

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When children become unwitting weapons in the battle between the exes

The only winners in high-conflict divorces are the attorneys and advocates. Reprinted from the Daily Maverick, by Michael Collins – 2021-03-02 First published in the Daily Maverick 168 weekly newspaper. When my ex-partner, the mother of our two children, both younger than 10, drove out the gates with the children seven years ago, things were amicable between […]

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The impact of parental alienation on a child

Parental alienation harms the child more than the parent As tempting as it might be for an aggrieved parent suffering through an acrimonious divorce to want to portray the other parent in the worst possible light, the individual who suffers the most is the child. “Deliberate parental alienation harms the child more than the parent,” says […]

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Government coming for child maintenance defaulters

Johannesburg – Child maintenance defaulters will soon have nowhere to hide. The Department of Justice and Correctional Services will soon start using registered cellphone and telephone numbers, company registrations, credit profiles, court judgments, property purchases, sales and transfers as well as vehicle regulations, to trace child maintenance defaulters.  The government believes this will ease dependency […]

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Retirement savings: divorced spouse’s rightful claim

A divorcee can lay a claim to a portion of their partner’s monthly pay-out from a living annuity. Image: Shutterstock Early in 2020, a ruling by the South African Supreme Court of Appeal (SCA) promised relief for many divorcees who, until then, could not access their ex-spouses’ living annuities. The SCA ruled on the same […]

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Adjudicator slams pension fund for ignoring emails

Reuters Reprinted from iol.co.za – 2020-12-15 A pension fund’s reluctance to respond to the Pension Funds Adjudicator about a complaint, despite being approached to do so on no less than four occasions, has been referred to the Financial Sector Conduct Authority (FSCA). The FSCA is responsible for market conduct regulation and supervision, ensuring a fair […]

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