Retirement

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Surge of Savings Pot Withdrawals in New Tax Year

05 March 2025 | General

Since the implementation of the new two-pot retirement system on 1 September 2024, South Africans have shown significant interest in accessing their retirement savings through the newly introduced savings pot.

Actuaries concerned about the impact of climate change on retirement savings

25 February 2025 | General

While global warming is accelerating at a record-breaking speed, resulting in extreme weather events like floods and drought, few South African retirement funds have climate policies in place.

Tax-free savings accounts: a decade of growth and opportunity

24 February 2025 | General

Data from Standard Bank shows a substantial increase in the adoption of and value invested in Tax-Free Savings Accounts (TFSAs) over the past decade.

TFSAs - 10 Years of Tax-Efficient Investing

20 February 2025 | Savings & Investments

National Treasury introduced Tax-Free Savings Accounts (TFSAs) almost 10 years ago, on 1 March 2015, to encourage South Africans to save and invest more, reduce household debt, and build a more financially resilient community.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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