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Apr 1
Alexforbes has processed and paid over one million savings pot withdrawal claims since South Africa’s two‑pot retirement system launched on September 1, 2024. #Alexforbes #TwoPotSystem #RetirementSavings Read on tinyurl.com/2bse5c62
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Mar 16
The Two‑Pot retirement system enters its third withdrawal window, offering South African households a clearer view of how the reform is shaping savings and financial planning. #business #twopotsystem #retirementplanning #SouthAfricafinance #householdsavings #taxyear2026 Read on tinyurl.com/ync6evdk
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Mar 13
Financial services provider Momentum Corporate says many South Africans are repeatedly tapping into their retirement savings under the two-pot retirement system, as financial pressures continue to affect households. #TwoPotSystem #retirement #retirementsavings Read on tinyurl.com/4x5zzfku
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Mar 10
Financial services provider Alexander Forbes says thousands of South Africans rushed to access their retirement savings in the first week of the new tax year. While the two‑pot system offers flexibility, experts warn that repeated withdrawals could erode long‑term financial security and undermine the system’s intended benefits. #twopotsystem #retirementsavings #AlexanderForbes #financialservices Read on tinyurl.com/5yppvukr
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When it comes to your future, would you rather use your savings now or wait until retirement? 'Human beings are very optimistic. So when we think of the future, we tend to think that things will be better,' says @SizweDhlomo to @MphoMaboi_, @MbaliThethani & @JulietJoseph_. #SizTheWorld #TwoPotSystem Weekdays 6am - 9am kaya959.co.za
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Mar 3
Good news for GEPF members! The Government Employees Pension Fund has reopened applications for 2026/2027 two‑pot savings withdrawals. Applications resumed on 2 March, and members can apply via the Self‑Service App. #GEPF #TwoPotSystem #Savings Read on tinyurl.com/3wbjuzjn
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Confusion over South Africa's two-pot retirement system leads to complaints as members seek clarity on withdrawal rules. #PensionFunds #RetirementSavings #TwoPotSystem Read more: themercury.co.za/2025-11-04-…
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#AfricaInBusiness #TwoPotSystem Since the introduction of South Africa’s two-pot retirement system over a year ago, about R57 billion has been withdrawn from retirement savings. Many people are using their funds to pay off debt or cover education costs. How have you used—or plan to use—your retirement savings under this system? @LifeWithThami #SouthAfrica #Parliament #Finance
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Pension Funds Adjudicator reports a 13% rise in complaints, largely due to challenges with the new two-pot withdrawal system. Is your retirement fund prepared? Read more: themercury.co.za/2025-10-06-… #TwoPotSystem #PensionFunds #RetirementSavings
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[IN CONVERSATION] South Africa's new two-pot retirement system demonstrates a clear divide in its inaugural year, with R9.5 billion withdrawn by over 650,000 individuals highlighting widespread financial strain, while a majority (65%) of members preserved their savings. @alexforbes' Vickie Lange confirmed the policy is meeting its dual objective of providing emergency access while safeguarding long-term funds, though the data reveals financial distress cuts across all demographics.  The need for enhanced financial education is now seen as critical to the system's continued success and the future stability of retirees. CNBC Africa's @Retha_Jae explains. #CNBCAfrica #TwoPotSystem
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[PODCAST] Early retirement withdrawals may feel like relief now - but could cost you millions later, warns Advocate #BrettLadouce. Tune into #MoneywebNOW with #DuduzileRamela to hear all the insights. #Moneyweb #TwoPotSystem #Retirement Download here: ow.ly/Qft850Wmffo
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[ADVISOR VIEW] Can you tap into your retirement annuity early under the new two-pot system? #CraigTorr - @crueinvest unpacks what’s changed and what it means for your future. #Moneyweb #TwoPotSystem #RetirementAnnuity ow.ly/wjVv50W5lEN
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Withdrawing early from your RA? It might feel like relief — but it could shrink your retirement savings and trigger tax you didn't expect. Cautious approach today = a better future tomorrow. 🔗Read why: nty.one/3FHWpUR #TwoPotSystem #91WomenAndInvesting #RetirementReady
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6 Mar 2025
South African fund members have shown major interest in accessing their retirement savings through the two-pot retirement system, but what is the long-term impact? #business #retirement #twopotsystem #finances #pension #moneymatters #SARS #tax Read on iol.co.za/business/advice/tw…
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Nina Saad, @MomentumINV_ZA, Joey Sankar, EPPF, and Brian Karidza, @GEPF_SA, joined Mosidi Modise for an in depth discussion surrounding the #TwoPotSystem. Watch the full video here👉 ow.ly/jTv250V7s5c
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The Two-Pot System: Emergency fund & retirement savings in one! Launched on 1 Sept 2024, the government introduced the Two-Pot System to help South Africans access emergency funds without draining their retirement savings. With 90% of retirees unable to maintain their lifestyle, the aim was to give more flexibility while securing the future.  How it works:  • Vested Pot: Old savings remain locked for retirement.  • Savings Pot: Access up to R2,000/year for emergencies (taxed).  • Retirement Pot: Two-thirds stays locked for long-term security. The impact: In just a few months, over R1 billion was withdrawn. The surge in demand stressed administrators, who had to manage the high transaction volume. Meanwhile, SARS saw increased tax revenue from these withdrawals, strengthening the economy. This system aims to balance immediate financial needs with long-term security. Would you feel more secure with this flexibility? #TwoPotSystem #RetirementSavings #SouthAfricaFinance #EmergencyFund
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4 Feb 2025
The Commissioner stated that SARS will prioritise retaining any outstanding taxes owed to the revenue service before releasing the funds. #SARS #TwoPotSystem Read on iol.co.za/business/advice/sa…
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