Three weeks have passed since the two-pot retirement system came into effect and thousands of pension fund members have submitted withdrawal applications to access a portion of their savings. Both ...
South Africa’s recently introduced two-pot retirement system has ushered in a new era of financial flexibility, allowing people to use a portion of their retirement savings earlier than before. While ...
The biggest change in retirement saving in South Africa happened in 2024 with the introduction of the two-pot retirement system that came into effect on 1 September, giving pension fund members access ...
In just the first few months since the Two-Pot system launched, South Africans have withdrawn over R20 billion from their retirement savings. This moment of financial relief for many is also a turning ...
Sanlam says that it has received over 20,000 savings pot claims via its channels in just the first two working days of the new two-pot retirement system being in place. The average claim amount ...
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