The two-pot regime, which allows pension fund members to access a third of every contribution made into their retirement investments from last September, is expected to shine a spotlight firmly on ...
Two-pot system drives surge in withdrawals as Alexforbes hits million-claim mark ...
Nearly one in three retirement fund members administered by Alexforbes have withdrawn money from their savings every year ...
South African President Cyril Ramaphosa signed a new bill into law on Sunday amending the pension system in South Africa. The Pension Funds Amendment Bill enables the implementation of the new two-pot ...
South Africa’s two-pot retirement system is showing early signs of a potentially concerning pattern, with financial services ...
The Office of the Pension Funds Adjudicator (OPFA) has ordered the Municipal Employees Pension Fund (MEPF) to allow a member access to her two-pot savings withdrawal benefit. The ruling reinforces the ...
Old Mutual has noted that South Africans are accessing their retirement funds following the implementation of the two-pot system, but many are doing so for non-emergencies. The two-pot system came ...