National Treasury cautions on pension withdrawals under new system

The National Treasury advised fund members to get reliable financial advice before making withdrawals from their pension savings. Also read: SA’s new two-pot system: How it affects your retirement savings The warning follows the presidential signing of the Pension Funds Amendment Act (31 of 2024) into law, marking the final step in introducing the two-pot system. ‘Fund members should also … Continue reading National Treasury cautions on pension withdrawals under new system