With the September 1 implementation deadline looming, South Africa’s ‘two-pot’ retirement reform is fast coming to the boil.
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 ...
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 ...