Two-Pot Retirement Reform: Insights From One Year In

Two-Pot Retirement Reform: Insights From One Year In

Approximately R60 billion has been withdrawn since South Africa’s new two-pot retirement fund system was implemented a year ago. In a recent briefing to the National Council of Provinces, National Treasury said the introduction of the two-pot system has been largely successful, improving public engagement with retirement funds, exposing non-compliance by some employers, and ensuring…

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