Making the new two-pot retirement system work for South Africans

Описание к видео Making the new two-pot retirement system work for South Africans

The two-pot retirement system is a reform that will come into effect on 1 September 2024, allowing retirement fund members to make partial withdrawals from their retirement funds before retirement. While this may help consumers tackle short-term financial distress, there are numerous long-term consequences that should be considered. What does retirement fund preservation look like over the next twenty years? What are the expected volumes of claims? And how does the legislation ensure financial stability for consumers?

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