Two-pot retirement system faces legislative hiccups
Contradictions have been noted between the Pension Funds Amendment Bill and the Divorce Act
12 March 2024 - 12:39
UPDATED 12 March 2024 - 23:10
Complications have arisen with proposed legislation vital for the implementation of the two-pot retirement system because it contradicts provisions in the Divorce Act.
This emerged from presentations by the Association for Savings and Investment SA (Asisa) and the Institute of Retirement Funds Africa (Irfa) to parliament’s standing committee on finance which is considering the Pension Funds Amendment Bill...
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