SARS processed almost 2,500 tax withdrawal directives on the first day alone, while some fund administrators battled with system crashes as members...

By: Natasha Archary On the first day that the two-pot retirement system came into play, there were just under 2,500 withdrawal requests. The South...

By: Natasha Archary On the first day that the two-pot retirement system came into play, there were just under 2,500 withdrawal requests. The South...

By: Natasha Archary Two-pot withdrawal requests are exposing employers who have fallen behind on their pension fund contributions. While the South...

By: Natasha Archary Two-pot withdrawal requests are exposing employers who have fallen behind on their pension fund contributions. While the South...

The retirement fund industry is buzzing with activity as withdrawal claims from pension fund members under the two-pot retirement system come in.

The retirement fund industry is buzzing with activity as withdrawal claims from pension fund members under the two-pot retirement system come in.

Sars received an average of 17 964 tax directive applications a day since the two-pot retirement system came into effect.

Administrators are expected to earn between R640 million and R1.25 billion in fees from withdrawals under the two-pot retirement system.

THE EDITOR: It was with no surprise I read of the literal torture that many citizens are enduring to pay the contentious and exorbitant property...