The proposed two-pot system for retirement savings is due to come into effect on the 1st of September 2024. We have summarised the most pertinent points below: The system intends to divide retirement contributions into two separate pots: a ‘savings pot’ and a...
AUGUST 2022 Market and economic summary Global markets experienced a volatile August and ended the month lower. Investors turned their focus to the hawkish comments received from the US Federal Reserve’s Jerome Powell at the Jackson Hole Economic Symposium. Concerns...
Changes regarding access to retirement fund withdrawal benefits on emigration from 1 March 2021 The Taxation Laws Amendment Act 23 of 2020 (TLAA 2020) was promulgated on 20 January 2021 and introduced changes regarding access to retirement fund withdrawal benefits for...
