Salt River, Cape Town  15 October 2024

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Financial experts warn against early withdrawal of retirement funds

By Lee-Yandra Paulsen Following President Cyril Ramaphosa's signing of the Pension Fund Amendment Bill into law, financial experts are urging citizens to avoid prematurely withdrawing their retirement funds. As economic pressures rise, the temptation to access these savings grows. Speaking to VOC Breakfast on Tuesday, Commsure Financial Solutions' Retirement Specialist, Patrick Odendal explained the two-pot system: “There is a lot of misunderstanding about the two-pot system. Essentially, from 1st September […]

today23 July 2024

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