by @Geraldine Fowler | Nov 23, 2023 | 2-Pot system, Legislation & Regulation, Retirement Reform, Two-Component System, Two-pot system
Geraldine Fowler, Chairperson of the Institute of Retirement funds Africa The Institute of Retirement Funds (IRFA) has strongly advocated for the revised two-pot retirement system to be implemented on the 1st of March 2025, urging legislators and regulators to...
by @Marius Du Toit | Nov 23, 2023 | 2-Pot system, Retirement & Financial Planning, Two-Component System, Two-pot system
Marius Du Toit, Managing Director – Efficient Benefit Consulting The retirement fund industry was for a second time, within a month, caught by surprise by proposals made and decisions taken regarding the two-pot system. The latest development was when the...
by @Deirdre Phillips | Nov 23, 2023 | 2-Pot system, Legislation & Regulation, Pension Funds Act, Two-Component System, Two-pot system
Deirdre Phillips, Partner, Bowmans After many in the retirement industry may have taken a deep sigh of relief when the National Treasury finally agreed to postpone the implementation date of the much debated two-pot retirement system to 1 March 2025, it appears...
by @Michelle Acton | Nov 22, 2023 | 2-Pot system, Retirement & Financial Planning, Retirement Reform, Two-Component System, Two-pot system
Michelle Acton, Retirement Reform Executive at Old Mutual 22 November 2023: The parliament’s finance committee has decided to maintain the original implementation date of the Two-Pot Retirement System of 1 March 2024. While we acknowledge the committee’s...
by @Mpho Kgomongoe | Nov 22, 2023 | 2-Pot system, Retirement & Financial Planning, Two-Component System, Two-pot system
Mpho Kgomongoe, Legal and Technical Specialist at Simeka Consultants and Actuaries The SCoF (Standing Committee of Finance) hearing in Parliament to discuss and approve the two-pot retirement system legislation was held 21 November 2023. The uniform...
by @Lize de la Harpe | Nov 22, 2023 | 2-Pot system, Employee Benefits, Government & Politics, National Treasury, Retirement & Financial Planning, Two-Component System, Two-pot system
Lize de la Harpe – Senior Legal Advisor at Sanlam Introduction Tuesday 21 November 2023, in Parliament, the Standing Committee on Finance rejected National Treasury’s proposal to postpone the implementation date of the 2 Pot System changes to 1...