JOHANNESBURG – With President Cyril Ramaphosa signing the Revenue Laws Amendment Bill into law his past weekend.This means the signing of the Pension Funds Amendment Bill is imminent, and the Two-Pot retirement system is confirmed to roll out as proposed on 1 September 2024.Leaving retirement fund administrators with very little time to prepare for the policy’s implementation.eNCA’s Rofhiwa Madzena spoke to Chief Commercial Officer of Discovery Corporate and Employee Benefits, Guy Chennells.
Two-Pot retirement system rolls out
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