In just the first few months since the Two-Pot system launched, South Africans have withdrawn over R20 billion from their retirement savings. This moment of financial relief for many is also a turning ...
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 ...
South African retirement fund members have withdrawn nearly R57 billion from their savings since the implementation of the ...
Sean Van Zyl of Old Mutual Personal Finance has mapped out two scenarios to compare the 'real cost' of constant withdrawals over a five-year period.
The Government Employees Pension Fund (GEPF) has reopened applications for the 2026/2027 two-pot savings withdrawals, but members are being warned: you only get one shot per tax year. The applications ...
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 ...
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 ...
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 ...
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 ...
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 ...