The biggest change in retirement saving in South Africa happened in 2024 with the introduction of the two-pot retirement system that came into effect on 1 September, giving pension fund members access ...
Consumers gained temporary breathing room in early 2026, but DebtBusters warns that rising payday loan use and ballooning ...
South African retail giant Pepkor Holdings has capitalised on the state’s multi-billion-rand pension reform, with ongoing two ...
Taxpayers have deliberately understated their taxable income, and the SARS commissioner did not mince words when addressing this issue.
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Two-pot withdrawals | Cash-strapped South Africans dip into pensions as debt chokes households
Financial services provider Momentum Corporate says many South Africans are repeatedly tapping into their retirement savings under the two-pot retirement system, as financial pressures continue to ...
JOHANNESBURG - Retirement fund administrator Alexander Forbes said it had seen an outflow of more than R1 billion since the two-pot retirement system kicked in over a week ago. This means it has ...
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Dipping into your retirement savings repeatedly could cost you far more than you realise
South Africa’s Two-Pot retirement system opened its third withdrawal window in March 2026, and the numbers it produced were striking. Of all the claims processed in that first week, just 5% were ...
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