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.

The two-pot retirement system was implemented in September last year to give people access to their retirement savings for emergencies. During the four months since the implementation of the two ...

For more financial news, go to the News24 Business front page. So far, more than 2.4 million South Africa cashed out R43 billion from their pensions funds after the two-pot pension system was launched ...