The two-pot retirement system, introduced on September 1, 2024, has now been in effect for over a year, yet confusion around its rules continues to generate complaints, this is according to the Office ...

WHAT HAPPENS TO MY PROVIDENT FUND? Oupa asks: What happens to the funds in my provident fund on March 1 2024? I am 52 and have been employed for 15 years by my current employer. I see people resigning ...

On 1 March 2024 there will be a radical change affecting everyone who is a member of a retirement fund. This is known as the Two-Pot Retirement System and applies to any member of an employer ...

One case dismissed by the Office of the Pension Funds Adjudicator (OPFA) found that a complainant could not access his vested pot before legal retirement age. Photo: Gerd Altmann/Pexels The two-pot ...

THE two-pot system, well three pots if you are being technical, is a new retirement system that will allow South Africans to access a portion of their retirement savings in the event of emergencies.

Retirement fund administrators must ensure that proper records of members’ contributions are kept, especially with the soon-to-be-implemented two-pot retirement system. The two-pot retirement system ...

National Treasury is gearing up to introduce a far-reaching change in the retirement industry through the implementation of the two-pot system for retirement savings. This system aims to strike a ...