Sars received 2 664 279 applications for tax directives, while a total gross lump sum of R43.42 billion was paid out.

This significant uptake of the two-pot retirement system reflects the urgent financial need of South African consumers.

Under the two-pot system, retirement fund members who resign from their employers are no longer allowed to cash out their ...

Discover how South Africans are navigating their savings with insights from Alexforbes' latest survey, revealing trends in ...

Two financial experts offer advice on planning for retirement in your twenties and on how much you need to start saving.

It also believed there were merits of going further than just consolidating small pots, and moving towards a system where people end up with one DC pension pot, or only a very small number ...

Gold-plated “defined benefit” public sector pensions are a major drain on the finances of any country that offers them ...

The National Pension ... withdrawal scheme, which allows retirees to access funds at regular intervals saw a cumulative N114.5bn disbursed as of Q3 2024. The retiree life annuity system, which ...

Isas are under threat as Rachel Reeves eyes increasingly creative ways to raise revenue. City firms have lobbied the ...