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 ...

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 ...

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 ...

Many South African retirement fund members who opted to withdraw money from their savings components under the two-pot retirement system were taken aback by the tax implications, according to a ...

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 ...

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 ...

More than 2.4 million South Africans have applied to withdraw money from their savings components under the two-pot retirement system, with a staggering R43.4 billion paid out to date. This was ...

The 2025 draft Revenue Laws Amendment Bill (2025 draft RLAB) is set to bring changes to South Africa's two-pot retirement system. "This draft tax bill contains tax proposals that will give ...