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In 2024, South Africa will finally see another major change to our retirement system. Although known as the “Two Pot system”, in reality, and for most, it will be a new three pot system.
There are different types of people in this world – early birds and night owls, those who read the book and those who wait for the movie, tea addicts and coffee connoisseurs and, famously, dog people and cat people.
If you’re saving for your retirement, both retirement annuities (RAs) and tax-free investments (TFIs) are good investment choices.
Pieter Albertyn, Head of Product Solutions at Momentum Investo, says it is a lost opportunity not to invest in a retirement product.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?