Tag: trustees
From heir to litigant – when beneficiaries can take legal action
When a trust suffers a loss through negligence, misconduct or mismanagement, can the beneficiaries take legal action directly against a third party? The answer is nuanced. Recent legal developments, such as the McCann vs McCann case in the KwaZulu-Natal High Court, are bringing new clarity to the rights and remedies available to trusts and their beneficiaries.
Retirement fund reform implementation
The next significant step in Government’s reformation of the retirement fund industry has been taken and has seen the implementation of the final retirement...
