With the implementation of the two-pot retirement system in September 2024 ... trends indicate that although female representation has increased, female pay in South Africa generally lags behind ...

South African retirement fund members have withdrawn nearly R57 billion from their savings since the implementation of the two-pot retirement system in September 2024, with almost four million ...

but increased spending will push up inflation, which will in turn force the Sarb’s Monetary Policy Committee to suspend or reduce its repo rate cutting cycle. The two-pot retirement system is a ...

With the increase in direct engagement ... According to Buthelezi, the introduction of the two-pot system has been a transformative moment for pension fund administrators.

Withdrawals from the savings component under the two-pot system will be taxed at marginal rates, not according to the retirement tax tables. This means the amount withdrawn will be added to your ...

The two-pot retirement system is expected to inject millions ... In a high withdrawal scenario, they found that GDP growth will increase by 0.3% in 2024 and 0.7% in 2025, while the government ...

From 1 September, the two-pot retirement system comes into effect and South Africans will be able to withdraw money from the savings pot component of their pension savings. However, given the ...

The introduction of the two-pot system, together with possible interest-rate cuts, decent momentum in wages, and lower inflation could boost consumer confidence and drive an increase in spending in ...

The Two Pot System marks a transformative step ... has the potential to significantly increase participation rates. Chris Axelson, representing National Treasury at the Old Mutual Corporate Thought ...

The introduction of the two-pot retirement system reflects a broader trend towards increased individual responsibility in financial planning. But this shift also places the burden of complex ...