Pretoria News Weekend

Retirement industry ‘needs to get working’ on two-pot system

The pension fund industry could miss the proposed March 1 2024 deadline to be ready to implement the new two-pot pension fund system should the reforms not be finalised in the first half of 2023, according to commentators at Old Mutual.

Retirement reform executive at Old Mutual, Michelle Acton, says the industry is hopeful that updated draft regulations would be released with the National Budget Speech next week on February 22.

The 2022 Draft Revenue Laws Amendment Bill,

You’re reading a preview, subscribe to read more.

More from Pretoria News Weekend

Pretoria News Weekend3 min read
Man City Eye Finish Line, But Title Race Not Over Yet For Arsenal
Manchester City can take a giant stride towards a third consecutive Premier League title by beating Everton this weekend, but rejuvenated Arsenal have not given up hope of springing a surprise. Liverpool are suddenly in the conversation for a top-fou
Pretoria News Weekend3 min read
Mokwena Reveals ‘Microscope Focus’ On Wydad
RHULANI Mokwena was at his show-off best in the pre-match press conference for Mamelodi Sundowns’ CAF Champions League semi-final first-leg tie against Wydad Casablanca. The Brazilians coach – perhaps in a ploy to send a warning to the opposition – r
Pretoria News Weekend3 min read
‘Queen of Mommy Bloggers’ Heather Armstrong dies at 47
Heather Armstrong, a pioneering blogger who transformed women’s media and altered the public perception of motherhood, died this week at the age of 47. Armstrong, who also went by her maiden name, Heather Hamilton, died by suicide, her boyfriend, Pe

Related Books & Audiobooks