News › Press release
Two-pot system: Key considerations before you withdraw your retirement savings
Johannesburg, 27 March 2024 - The retirement funds industry is poised to implement the long-awaited two-pot system, effective September 1, 2024, granting members partial access to their retirement savings. However, there is a critical need for education and managing members' expectations due to prevalent misinformation. Members must stay informed through their respective funds’ communications to understand the process of accessing these funds fully. While many members grasp the concept of a R30,000 withdrawal, other crucial considerations remain overlooked. Kedibone Sono CA(SA), SAICA Project Director for Members in Business (Technical), sheds light on these considerations, alongside the challenges members need to navigate while assessing their savings.
SAICA Statement on the Passing of Mr. Markus Jooste
Johannesburg, 22 March 2024 - The South African Institute of Chartered Accountants (SAICA) notes reports of the passing of Mr Markus Jooste, former CEO of Steinhoff.
SAICA launches business podcast to empower small businesses
Johannesburg, 15 March 2024 – The South African Institute of Chartered Accountants (SAICA) is delighted to launch the SAICA BIZ Impact Podcast, a dynamic platform which aims to simplify complex business topics and empower small medium businesses (SMEs) to thrive.