The two-pot retirement system was implemented in September last year to give people access to their retirement savings for emergencies. During the four months since the implementation of the two ...

The aim of the two-pot system, therefore, is to prevent this, while still giving people access to a portion of their funds for emergencies. In essence, instead of all retirement savings going into ...

Some forecasters expected an initial amount of up to R100 billion. A survey by Old Mutual found that 60% of its members intended to use two-pot payouts to help settle debt. The new pension system ...

All South Africans in the working field are encouraged to invest in a reliable retirement system to ensure their golden years are stress-free. The two-pot retirement fund is one such system that ...

All South Africans in the working field are encouraged to invest in a reliable retirement system to ensure their golden years are stress-free. The two-pot retirement fund is one such system that is ...

although the two-pot retirement system was designed to give pension fund members access to their retirement savings in an emergency. Traditional financial advice recommends maintaining an amount ...

The South African Revenue Service (SARS) has announced that to date it has received 2 664 279 applications for tax directives for withdrawals from the Savings Withdrawal Benefit of the two-pot system.

This three-hour course aims to unpack the new Two-Pot retirement system which came into effect on 1 September 2024 and to provide insight as to its impact on the retirement system. Lize De La Harpe is ...

Solidarity has expressed a serious warning about the so-called two-pot system in terms of which annual withdrawals from an individual’s retirement money will now be possible. This comes after Pres ...

The recently introduced two-pot retirement system aims to enhance retirement outcomes for South Africans by keeping the majority of future retirement contributions invested for retirement while ...