Many consumers were taken aback by the tax they had to pay when withdrawing some of their funds under the two-pot retirement ...

While the two-pot system offers immediate relief ... potentially leading to increased reliance on credit. For example, someone who withdraws from their accessible pot to pay off credit card ...

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 ...

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 ...

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 ...