Administrators are expected to earn between R640 million and R1.25 billion in fees from withdrawals under the two-pot retirement system.
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Pension fund administrators say withdrawal claims from pension fund members under the two-pot retirement system are streaming in.
Administrators are expected to earn between R640 million and R1.25 billion in fees from withdrawals under the two-pot retirement system.
The FSCA and Sars were ready in time for the implementation of the two-pot retirement system despite earlier concerns.
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...
A week after the two-pot retirement system was implemented thousands of people are waiting to withdraw their money.
A week after the two-pot retirement system was implemented thousands of people are waiting to withdraw their money.
By Andreas Shaanika, Direct Clients Manager, Corporate Segment Old Mutual Namibia. 1 September 2024 marked the start of the Two-Pot Retirement System...
SARS has received a total 161 607 tax directive applications since the 'Two-Pot' retirement system kicked on on 1 September 2024.
More than 20 municipalities have been allegedly defrauding workers by failing to pay funds to the pension fund administrators - and the three-year...
Sars received an average of 17 964 tax directive applications a day since the two-pot retirement system came into effect.