Two Pot Retirement System
latest news & developments
Two-pot withdrawal system temporarily suspended for Government Employees Pension Fund
The fund said its system was undergoing an update and would be offline until 21 October
Nedlac faces renewed pressure to address jobs crisis
While the council achieved 14 of its 16 targets, it needs to accelerate its policy implementation and support job creation
Few South Africans are planning to retire, survey shows
The high cost of living is making it difficult for people to save with many resigned to working into old age or relying on government grants
Two-pot: Is tapping into your retirement savings to settle today’s debts worth risking your financial future?
While the two-pot system offers immediate relief, some may argue that it could be driving consumers towards a cycle of credit dependency that would leave them unprepared for…
Building a socially secure future for miners: How MWPF ensures stability for its members
Ensuring a socially secure future for these miners is not just a financial imperative but a social responsibility that organisations like the Mineworkers Provident Fund (MWPF)
Financial literacy should be taught throughout a child’s school life
This skill is crucial not just for personal success but to close the gap between economic survival and prosperity, reduce debt and inequality, and for the country’s overall…
Two-pot system: Immediate benefits must be weighed up against long-term security
As South Africans decide whether to withdraw a portion of their retirement savings, it’s important that they fully grasp the potential costs involved