The introduction of South Africa’s two-pot pension fund system has dramatically changed how pension funds are administered, shifting interactions from employer-based engagement to direct communication ...

South African retirement fund members have withdrawn nearly R57 billion from their savings since the implementation of the ...

Discover how South Africa's two-pot retirement system has led to a 33% increase in the preservation of retirement savings, despite ongoing financial pressures. Learn about the implications for future ...

South African President Cyril Ramaphosa signed a new bill into law on Sunday amending the pension system in South Africa. The Pension Funds Amendment Bill enables the implementation of the new two-pot ...

The South African Revenue Service (SARS) said that more than one million people had withdrawn from the savings pot since the two-pot system was implemented.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 ...

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 ...

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 ...

Thousands of people have accessed their retirement savings since the two-pot system was implemented in September 2024, many to pay down debt. Billions of rand have been withdrawn through the system, ...

JSE-listed financial services group Alexforbes recently announced that it has processed and paid more than one million savings pot withdrawal claims since 2024, when the two-pot retirement system was ...

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 ...

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 ...

Old Mutual has noted that South Africans are accessing their retirement funds following the implementation of the two-pot system, but many are doing so for non-emergencies. The two-pot system came ...