Alexforbes has processed over one million savings pot withdrawal claims since the launch of South Africa's two-pot retirement ...
JSE-listed financial services group Alexforbes recently announced that it has processed and paid more than one million ...
Ninety One says that retirement fund members who have withdrawn from their two-pot funds since the start of the month will be ...
Each withdrawal claim has averaged over R14,000, with an impressive payment turnaround time of just five business days.
South Africa’s two-pot retirement system is showing early signs of a potentially concerning pattern, with financial services ...
There has been a surge in two-pot savings withdrawals since 1 March 2026, as many attempt to keep up with life’s financial demands. Just last week, more than 100,000 withdrawals were made at Alexander ...
The South African Revenue Service (SARS) said that more than one million people had withdrawn from the savings pot since the two-pot system was implemented. JOHANNESBURG - The two-pot retirement ...
Financial services provider Momentum Corporate says many South Africans are repeatedly tapping into their retirement savings under the two-pot retirement system, as financial pressures continue to ...
The survey also found that 43% of respondents saw the average age of members making withdrawals fall between 30 and 40 years, suggesting that mid-career individuals, often under financial pressure or ...
This milestone provides a valuable lens into evolving member behaviour and financial decision-making. Amid persistent economic pressures, many retirees and contributors are increasingly accessing ...
That's the advice being given to South Africans by personal finance journalist Maya Fisher-French when it comes to their two-pot retirement savings. From 1 September 2024, employees have been able to ...
As the 2026/27 tax year opened on 1 March, South Africa entered the third withdrawal window of the innovative Two-Pot retirement system. This milestone provides a valuable lens into evolving member ...