“The noise around the act is exaggerated,” he adds. “Our reading is that it’s an update from the 1975 Act. The only critical ...

Discover how South Africans are navigating their savings with insights from Alexforbes' latest survey, revealing trends in ...

Alexforbes says the scale of two-pot withdrawals shows that the immediate financial needs of consumers appeared to outweigh ...

Under the two-pot system, retirement fund members who resign from their employers are no longer allowed to cash out their ...

Sars received 2 664 279 applications for tax directives, while a total gross lump sum of R43.42 billion was paid out.

This significant uptake of the two-pot retirement system reflects the urgent financial need of South African consumers.