Once-off pension withdrawals: Old Mutual expects 1m clients to cash out up to R25 000 each | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Fund managers anticipate a wave of claims from cash-strapped South Africans eager to cash in on up to R25 000 of their pension savings when the new two-pot retirement system comes into effect next year. | News24_Business

Fund managers expect a wave of cash-strapped South Africans to withdraw up to R25 000 each from their pension savings when the new two-pot retirement system comes into effect next year.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines