Articles tagged as "Two-pot retirement system"
2025 GNU Budget (round 2): Prioritising sustainable growth in uncertain times
After the false start of 19 February, the 2025 Budget was tabled by Finance Minister Enoch Godongwana on 12 March. The main tax policy proposals announced...
How to maximise tax benefits in a two-pot era
The two-pot retirement system, which was implemented in September 2024, gives retirement fund members the ability to withdraw from the savings component of...
In conversation with SARS Commissioner Edward Kieswetter
Speaking to financial journalist Alishia Seckam at the 2025 Allan Gray Fund Provider, SARS Commissioner Edward Kieswetter shared a range of views on pressing...
Taking stock of two-pot: A trustee’s perspective
All South African retirement funds have been impacted by the recent introduction of the two-pot retirement system.
What you need to know about two-pot withdrawals and tax
The highly anticipated two-pot retirement system came into effect on 1 September 2024. There has been significant activity across the retirement fund industr...
What employers need to know about two-pot
South Africa’s retirement savings landscape is experiencing a major transformation with the introduction of the new two-pot retirement system, which was...
Independent financial advice: Mapping your employees’ path to a comfortable retirement
Everjoy Gumbo explains how employers can contribute to bridging South Africa’s retirement gap by availing access to independent financial advice, which can...
Two-pot cheat sheet
Given the overwhelming amount of information available about the new two-pot retirement system, below we provide a “cheat sheet”, which includes 10 “did you...
The importance of an emergency fund in the two-pot era (updated)
For a long time, the retirement savings industry has observed how many South Africans have struggled to balance accumulating and preserving their long-term...
Could you survive on less than a third of your income in retirement?
Despite taking steps to save, millions of South Africans are at risk of having to make significant lifestyle-related downgrades when they are no longer...
Two-pot: Enabling better retirements – for those who avoid the risks
The two-pot retirement system, which is set to be implemented on 1 September 2024, has been designed to improve retirement outcomes for South Africans by...
Two-pot: Your burning questions answered
With the new two-pot retirement system set to be implemented on 1 September 2024, many retirement fund members are wondering what the new legislation entails...
Two-pot: How to achieve better retirement outcomes
The new two-pot retirement system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in ca...
Your next important election
With the two-pot retirement system signed into law, and set to be implemented on 1 September 2024, Belinda Carbutt discusses the latest retirement reform. Sh...
Part 3 (updated): The two-pot system and your savings withdrawal benefit
In part 3 of our Two-pot chapter, Jaya Leibowitz reminds us not to lose sight of the importance of preserving retirement savings, and cautions investors...
The two-pot system simplified (updated)
South Africa’s retirement savings system is changing, with the implementation date of the new system currently set for 1 September 2024 – although go-live...
Part 1 (updated): Challenges and opportunities with South Africa’s retirement fund system
While the South African retirement fund system faces its fair share of challenges, there are opportunities to harness and improve retirement outcomes for Sou...
Part 2 (updated): The two-pot system – what we know for now
There has been a lot of noise in the past few months about the changes that are being made to the South African retirement system. In part 2 of our Two-pot...
2024 Budget speech update
While South Africans battle with a cost-of-living crisis, rising unemployment and sluggish economic growth, Finance Minister Enoch Godongwana is faced with t...
A focus on the regulatory aspects and challenges of the two-pot system
During the recent Budget speech, the Minister of Finance confirmed the intended launch date of 1 March 2024 for the two-pot retirement system. With 12 months...
2023 Budget speech update
The 2023 Budget speech was delivered against the backdrop of high living costs, a dismal unemployment rate and intensive loadshedding crippling businesses, a...
Making sense of the proposed two-pot retirement system
In February 2021, the National Treasury announced its intention to amend the retirement fund system in South Africa with the dual aim of creating limited...
Navigating a changing retirement savings system
The finer detail may remain unclear for the moment, but National Treasury’s proposed retirement reforms have largely been welcomed by the retirement savings...
