Preliminary numbers are still trickling in, but alarms have already sounded from at least three of the larger retirement fund administrators – Old Mutual, Alexforbes and Momentum – regarding the ...
South Africans accessing their retirement savings through the Two-Pot Retirement System should be aware of potential tax ...
The new financial year allows South Africans to revisit their two-pot savings again. Many are resorting to withdrawing money from their retirement funds to help cover day-to-day expenses, emphasising ...
JOHANNESBURG - Several investment houses have reported a surge in withdrawals from the two-pot system since its introduction in 2024. Government introduced the system to allow households to access a ...
Old Mutual Corporate chief customer officer Michelle Acton shares insights into withdrawal patterns since the rollout of the two-pot system, financial pressures, and the small changes that could ...
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