The introduction of South Africa’s two-pot pension fund system has dramatically changed how pension funds are administered, shifting interactions from employer-based engagement to direct communication ...
Discover how South Africa's two-pot retirement system has led to a 33% increase in the preservation of retirement savings, despite ongoing financial pressures. Learn about the implications for future ...
South African retirement fund members have withdrawn nearly R57 billion from their savings since the implementation of the ...
Before the reform, members’ retirement savings were held in a single pool, known as the vested component. This represents all contributions made before September 1, 2024 and remains separate under the ...
South African President Cyril Ramaphosa signed a new bill into law on Sunday amending the pension system in South Africa. The Pension Funds Amendment Bill enables the implementation of the new two-pot ...
The system allows members to make one withdrawal per tax year from the savings pot, which creates an opportunity for repeat ...
The opening of the 2026/27 tax year on March 1 marked the third withdrawal window since the inception of the Two‑Pot retirement system. This milestone offers a valuable opportunity to reflect on how ...
JSE-listed financial services group Alexforbes recently announced that it has processed and paid more than one million savings pot withdrawal claims since 2024, when the two-pot retirement system was ...
Old Mutual has noted that South Africans are accessing their retirement funds following the implementation of the two-pot system, but many are doing so for non-emergencies. The two-pot system came ...
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