
Two-pot retirement system in focus
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Legislation around new rules pertaining to the two-pot retirement system, which will take effect in March next year, has been published. As it stands, South Africans will be able to cash out a third of their retirement savings throughout their career. Business Day TV discussed the implications of this with John Anderson, retirement product solutions specialist at AlexForbes Group and Michelle Acton, Retirement Reform Executive at Old Mutual.