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A living annuity is one of the most widely used retirement income products in South Africa.
As South Africans continue to navigate a difficult economic climate marked by rising living costs, fuel price pressure, unreliable electricity supply and growing financial stress, many consumers may be unknowingly further sabotaging their own savings goals through small, seemingly harmless spending habits.
If you’re investing for retirement, the goal is clear: achieve income and growth while minimising risk. Yet balancing the fear of market losses with the need to outpace inflation can make that goal seem out of reach.
By the end of March, at the very start of the 2026/2027 tax year, Sanlam had already received over 75 000 two-pot withdrawal applications, to the value of R1.2 billion.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?