Since the implementation of South Africa’s Two Pot System on September 1, 2024, there has been considerable discussion about how pension fund members are using their withdrawal funds. With R43.4 billion claimed under the Two Pot System from September 2024 to January 2025, financial experts have observed some trends in consumer behaviour.
FAnews spoke to Rob Southey, Head of Investments and Asset Consultants at Momentum Consultants and Actuaries,…