ALLAN GRAY: Two-pot: How to achieve better retirement outcomes
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GUEST – Richard Carter - Head of Assurance at Allan Gray
The two-pot system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be aware of to ensure they don’t inadvertently offset its intended benefits.
Richard Carter, head of Assurance, joins Kaya Biz to unpack what the new rules mean for investors and their retirement planning, and discuss the missteps investors should avoid to achieve better results.
The two-pot system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be aware of to ensure they don’t inadvertently offset its intended benefits.
Richard Carter, head of Assurance, joins Kaya Biz to unpack what the new rules mean for investors and their retirement planning, and discuss the missteps investors should avoid to achieve better results.