two-pot system | MoneyMarketing

Countdown to Two-Pot: Fewer early withdrawals as financial optimism improves

By: Vuyokazi Mabude, Head of Knowledge and Insights at Old Mutual With South Africa’s new Two-Pot Retirement System about to launch, research suggests that fewer people plan to dip into their retirement savings early. The 2024 Old Mutual Savings and Investment Monitor’s deep dive into the Two-Pot Retirement System reveals that the number of working...

31 Jul 2024

Advisers urged to highlight risks of two-pot system to over-55s

By: Keith Peter, Advice Manager at Old Mutual Personal Finance With the introduction of the Two-Pot Retirement System due on 1 September 2024, financial advisers are gearing up for significant changes to retirement savings. However, the new system, which allows for more flexible access to retirement funds, demands careful consideration, especially for customers aged 55...

17 Feb 2023

Old Mutual warns of potential delay in two-pot system

The pension fund industry could miss the 1 March 2024 deadline to implement the new two-pot pension fund system, according to Old Mutual.

18 Mar 2022

Two-pot system impact to be felt in the long term

National Treasury proposed to give limited access to retirement fund savings before retirement via the two-pot system.

25 Feb 2022

Budget 2022: 10 Key Highlights

10 Key Highlights from the 2022 Budget Speech.

24 Feb 2022

Budget 2022: Bond friendly, positive from both a ratings and market perspective, says Old Mutual

Old Mutual’s panel of experts comment on the 2022 Budget Speech delivered by Finance Minister, Enoch Godongwana.

22 Feb 2022

Two-pot system not a silver bullet for emergency savings

If the two-pot system is implemented properly, it will provide a feasible and accountable solution to address the immediate needs of many retirement fund members.