South Africa’s new Two-Pot Retirement System came into effect on 1 September 2024 and many South Africans are grappling with understanding how the new system works and its impact on their retirement plans.
To help South Africans to understand the new system the ASISA Foundation is running a 4-week educational radio campaign.
To read more
Week 1: Retirement – this will cover the importance of saving for retirement from an early age, different ways to save plus how much you should be saving and an introduction to the Two-Pot Retirement System.
Links to Week 1 interview clips:
Power FM - Interview 10 September
Gagasi FM- Interview 10 September
Heart FM -Interview 12 September
TikTok Video produced by Heart FM:
Let's Talk Two-Pot TikTok Episode 1
Week 2: Savings & Understanding Two-Pot – this will cover why saving for retirement and short-term goals is important, the importance of saving for emergencies, how much to save. How the Two-Pot Retirement System allows people to withdraw in a serious emergency and the implications.
Links to Week 2:
Gagasi FM Week 2- 17 September
Heart FM - Interview 19 September
TikTok Video Produced by Heart FM:
Week 3: Investing and understanding the Two-Pot System – this will cover the difference between investing and saving, how to get started with investing, maximizing growth and the benefits of the Two-Pot System for long-term financial growth.
Listen to the week three clips on the links below:
TikTok Video produced by Heart FM:
Week 4: Panel Discussion on the Two-Pot Retirement System – this covers why the system was introduced, minimum and maximum withdrawals and what happens if you do and don’t withdraw.
To listen to the broadcast of week 4 panel interview, click on the links below:
Let's Talk Two-Pot Heart FM Week 4 Panel Discussion
Over the four weeks, three knowledgeable financial planners will handle the weekly radio interviews on the three radio stations.
Thembisa Luthuli - on Gagasi FM
Thembisa Luthuli is a financial coach, certified financial planner, general tax practitioner and a university lecturer with a wealth of experience in financial planning, wealth management, academic training and financial wellness.
Thulisile Nkomo - on Power FM
Thulisile Nkomo, a Certified Financial Planner, is currently a Private Wealth Manager and provides financial planning services to individual clients.
Gareth Collier - on Heart FM
Gareth Collier is a director at Crue Invest, winner of the FPI Approved Professional Practice™ of the Year Award in 2023.
Eric Jordaan - on Heart FM
Eric Jordaan is an admitted attorney, a Certified Financial Planner®, and a respected industry expert in estate planning, tax, and retirement planning. Eric has served on the board of the Financial Planning Institute of Southern Africa, as well as on various committees of the FPI.
To read more
