ALLAN GRAY – Divorce, retirement savings and dividing the pot in the age of the two-pot system
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GUEST – Reo Emmett, senior legal adviser at Allan Gray
According to Statistics South Africa, the divorce rate in South Africa is on the rise, with the latest data indicating that it’s up 10% from 2022 – among one of the highest increases recorded in recent years.
With the introduction of the two-pot system, which has ushered in significant changes to the rights of divorcing retirement fund members and their spouses and added a layer of complexity to dividing assets, Reo Emmett, senior legal adviser at Allan Gray, joins Kaya Biz to help us make sense of the rules that apply to retirement investments when a marriage comes to an end.
According to Statistics South Africa, the divorce rate in South Africa is on the rise, with the latest data indicating that it’s up 10% from 2022 – among one of the highest increases recorded in recent years.
With the introduction of the two-pot system, which has ushered in significant changes to the rights of divorcing retirement fund members and their spouses and added a layer of complexity to dividing assets, Reo Emmett, senior legal adviser at Allan Gray, joins Kaya Biz to help us make sense of the rules that apply to retirement investments when a marriage comes to an end.
