Many consumers were taken aback by the tax they had to pay when withdrawing some of their funds under the two-pot retirement system. The two-pot retirement system has made it easier for pension ...
With the September 1 implementation deadline looming, South Africa’s ‘two-pot’ retirement reform is fast coming to the boil.
Alexforbes has revealed that by January 30, 2025, they had processed 370,000 claims with a total value exceeding R7 billion following the implementation of the two-pot retirement system on ...
More billions are rolling into consumers’ pockets under the two-pot retirement system and looking at the profile of the average person who withdraws funds from the savings pot shows that middle ...