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Tag Archives | auto-enrolment

Two pots_ Treasury will want to prevent ‘a run on the bank’

Treasury unveils proposals for two-pot retirement system

National Treasury has published a discussion paper, for public comment, on the two-pot system for retirement savings, which will allow for limited pre-retirement withdrawals, and on mandatory retirement savings for all employed and self-employed persons. It also published a discussion paper on the governance of umbrella funds. Treasury’s proposal for the two-pot system is that […]

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