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 ...
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Two-Pot complaints: understanding the limitations
The two-pot retirement system, introduced on September 1, 2024, has now been in effect for over a year, yet confusion around its rules continues to generate complaints, this is according to the Office ...
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Two-pot withdrawals | Cash-strapped South Africans dip into pensions as debt chokes households
Financial services provider Momentum Corporate says many South Africans are repeatedly tapping into their retirement savings under the two-pot retirement system, as financial pressures continue to ...
South Africa’s two-pot retirement system is showing early signs of a potentially concerning pattern, with financial services groups warning that repeated withdrawals from the savings portion risk ...
JOHANNESBURG - Retirement fund administrator Alexander Forbes said it had seen an outflow of more than R1 billion since the two-pot retirement system kicked in over a week ago. This means it has ...
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