Two-Pot legal hurdle crossed, now the race to prepare is on – Pension Funds Amendment Bill signed into law today 21 July 2024

… “while providing welcome relief for those in crisis, the primary intent of Two-Pot is to encourage – and reward – South Africans to save more for retirement. And keep those savings invested – and untouched – until retirement age,” concludes Guy Chennells, Chief Commercial Officer of Discovery Corporate and Employee Benefits.

Comprehensive cover of the subject and some important questions raised. 8min read

Proposed conditions for legacy RAs to be exempted from two-pot system

So-called legacy retirement annuity (RA) funds will have to meet a long list of conditions to qualify for an exemption from the two-pot retirement system.

3min read

The tricky job of managing a living annuity through retirement

The article above includes a wide range of opinions from a number of experts including Andrew Davison, chairman of the Investments Committee of the Actuarial Society of South Africa (ASSA).  5min read.

Living annuities require dynamic management to preserve your capital

A well written and researched article by Andrew Davison using 75 retirees over a span of decades. 5min read