ALLAN GRAY: Two-pot: How to achieve better retirement outcomes
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GUEST – Mthobisi Mthimkhulu - Direct Clients manager at Allan Gray
With the implementation of the two-pot retirement system just days away, South African retirement savers will soon have greater flexibility and accessibility to their long-term savings. While access to the savings component will come as a welcome relief to those in dire need, it is vital to be mindful of the unintended consequences and guard against thinking of the savings component as an emergency fund.
Mthobisi Mthimkhulu, Direct Clients manager at Allan Gray, joins Kaya Biz to discuss how retirement savers can navigate the two-pot era and share tips for developing a long-term mindset.
With the implementation of the two-pot retirement system just days away, South African retirement savers will soon have greater flexibility and accessibility to their long-term savings. While access to the savings component will come as a welcome relief to those in dire need, it is vital to be mindful of the unintended consequences and guard against thinking of the savings component as an emergency fund.
Mthobisi Mthimkhulu, Direct Clients manager at Allan Gray, joins Kaya Biz to discuss how retirement savers can navigate the two-pot era and share tips for developing a long-term mindset.
