Impact of Two-Pot System on retirement choices

OVER the past year, the introduction of the Two-Pot Retirement System has sparked one of the most meaningful shifts we've seen in the South African retirement landscape.

- ROB SOUTHEY

As someone deeply embedded in this space, I've observed not only how the system itself has changed but also how it has fundamentally reshaped the way we think about retirement, savings, and member engagement.

The Two-Pot System has not only demystified retirement for many South Africans, but it has also accelerated the need for personalised, flexible solutions. What was once a static offering has transformed into a dynamic system with real-life relevance, offering choices that carry character, intention, and individual value.

This shift demands a deeper level of engagement from all stakeholders. Trustees, in particular, are being called to step forward. No longer is it enough to administer benefits at arm's length; trustees must now serve as guides, helping members navigate a complex, fast-changing market where one-size-fits-all no longer applies.