Independent on Saturday

Where are we with the two-pot system?

THE LEGISLATIVE process by which the government’s well-publicised new system of saving for retirement, the two-component or “two-pot” system, becomes law, is happening slowly and not without hiccups, as the system requires amendments to a number of Acts governing taxation and financial services.

The National Treasury appears in a hurry to get at least the most crucial legislation passed by the end of March, with the implementation date now set for September 1. The implementation date is a matter of consternation

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

More from Independent on Saturday

Independent on Saturday2 min read
Red Bull Dismiss ‘Newey Wants Out’ Reports
RED Bull said Formula One’s most sought-after designer Adrian Newey was signed up until at least the end of next year amid reports on Thursday he was seeking to leave the reigning champions. A spokesperson added that they were “unaware of him joining
Independent on Saturday3 min read
When The Twins Have Triplets
Butcher & Wine Where: New Salt Rock Centre, New Salt Rock Road, Salt Rock Open: Tuesday to Sunday lunch and dinner Call: 081 799 8750 It took us almost an hour-and-a-half to get to Salt Rock. The M4 was closed again. Durban North was a shambles. The
Independent on Saturday1 min read
Win a Chilla Nathi Cookout Experience
Stand a chance to win one of 5 double tickets Five lucky readers stand a chance to win double tickets to the Chilla Nathi Cook-Out Experience at the Independent on Saturday Drill Hall Stakes Race Day on Saturday, May 4 at Hollywoodbets Greyville Race

Related