The two-pot retirement system, introduced on September 1, 2024, has now been in effect for over a year, yet confusion around its rules continues to generate complaints, this is according to the Office ...
The 2026/27 tax year opened on March 1, marking the opening of the third withdrawal window since the inception of the Two-Pot retirement system. This milestone provides a valuable opportunity to ...
Discover how South Africa's Two-Pot retirement system is revolutionising access to savings, balancing long-term security with immediate financial relief, and the challenges that come with it.
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 ...
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 ...
South Africa’s two-pot retirement system is showing early signs of a potentially concerning pattern, with financial services groups warning that repeated withdrawals from the savings portion risk ...
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 ...
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 ...
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 ...