The South African on MSN
Two-pot system: R57 BILLION withdrawn highlights South Africans in distress
Nearly 4 million pension fund withdrawals totalling R57 billion have been made under SA’s two-pot retirement system since its introduction.
South Africa’s two-pot retirement system is showing early signs of a potentially concerning pattern, with financial services ...
Nearly one in three retirement fund members administered by Alexforbes have withdrawn money from their savings every year ...
Alexander Forbes says one in three of its clients are tapping into their retirement savings through the two-pot system.
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