Two-pot system drives surge in withdrawals as Alexforbes hits million-claim mark ...

The biggest change in retirement saving in South Africa happened in 2024 with the introduction of the two-pot retirement system that came into effect on 1 September, giving pension fund members access ...

South African retirement fund members have withdrawn nearly R57 billion from their savings since the implementation of the ...

It has been seven weeks since the implementation of the two-pot retirement system and there are still misconceptions and ...

Taxpayers have deliberately understated their taxable income, and the SARS commissioner did not mince words when addressing this issue.

Preliminary numbers are still trickling in, but alarms have already sounded from at least three of the larger retirement fund administrators – Old Mutual, Alexforbes and Momentum – regarding the ...

JOHANNESBURG - Retirement fund administrator Alexander Forbes said it had seen an outflow of more than R1 billion since the two-pot retirement system kicked in over a week ago. This means it has ...