Retirement

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Two-pot misconceptions vs the facts

20 September 2024 | General

Less than a month since the implementation of the two-pot retirement system, the surge in withdrawal applications continues and Sanlam says it is gaining a deeper understanding of some of the most common questions and misconceptions based on client conversations across its call centres, social media and other channels.

Two-pot misconceptions vs the facts

19 September 2024 | General

Old Mutual brings forward phase 2 of Two-Pot withdrawal process

19 September 2024 | General

Old Mutual confirms that customers are now able to submit withdrawal applications via the Old Mutual Channel on WhatsApp. This follows a decision by Old Mutual to move the date earlier than the 23 September that was previously communicated.

Momentum Group reflects on the first two weeks into South Africa’s two-pot retirement system

18 September 2024 | General

By 16 September, the Momentum Group received 112 449 two-pot withdrawal applications to a cumulative value of R1.7 billion. The Group had paid 81% of all withdrawal applications and this percentage is rising steadily.

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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