Since South Africa implemented the two-pot retirement fund system a year ago, members have withdrawn about R60 billion. In a recent briefing to the National Council of Provinces, National Treasury ...
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Surge in two-pot withdrawals sparks Treasury’s plan to allow access to locked savings
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 ...
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