A new survey sheds light on what pension fund members want to use the money for when they withdraw some retirement savings under the two-pot system and also shows how much - or little - people know about this big change.
The survey was conducted by JustMoney.co.za, a platform that helps South Africans make good money choices.
A total of 6 252 consumers participated in the survey that measured their awareness, concerns and plans regarding the two-pot retirement system.
Sarah Nicholson, operations manager at JustMoney, said among respondents considering withdrawing funds, 79% said they would pay off debt, while 10% said they would "spoil" themselves or their family, and 8% said they would spend it as they see fit.
Respondents could choose an answer from a list and many of the 15% who chose "other" for what they would spend the money on indicated they would use it to pay for basic needs, such as school fees, school uniforms and school books.
この記事は The Citizen の December 06, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Citizen の December 06, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
City can regain focus in Italy
There's a spicy brew on the boil for TAB soccer customers with UEFA and CAF Champions League games, plus a raft of big-gun league matches included in TAB soccer pools - and TAB is pumping in over R700,000 into five bets in added-cash bonuses and a carryover.
Lui looks to close gap on leaders
Francis Lui went a long way to boosting his trainers' championship defence with a four-timer at Sha Tin on Sunday and the affable horseman takes a team of three to Happy Valley today as he aims to keep the ball rolling.
Candice, set for a double
Candice Bass-Robinson may be going into this year's Cape summer season without her star colt Charles Dickens, but the stable looks to have some very decent stock in the yard and they should be in for a bounty of winners over the next few months.
Cocomelon looks ready to notch a second win
FORM: TARRY'S FILLY LOOKS WELL WEIGHTED TO SCORE ON VAAL CLASSIC TRACK
Hilux rejuvenated
48V: ELECTRICAL ASSISTANCE TRANSFORMS BAKKIE
Ideal Chery for every occasion
TIGGO 7 PRO: ROAD TRIP TO COAST THE ULTIMATE TEST
Jetour X70 Plus value for money
DRIVE: TRANSLATORS, ENGINEERS MUST FINE TUNE STUFF
Ford backs Dark Horse
MUSTANG: SHARPEST AND MOST AGILE PRODUCTION VERSION EVER MADE
A JACK OF ALL TRADES
FIRST T20: LINDE SHINES WITH BAT AND BALL AS PROTEAS TOPPLE PAKISTAN
Have Blitzboks turned corner?
A strong start to the 2024-25 Sevens World Series has raised hopes that the Blitzboks have turned the corner after a difficult couple of years, but it could very well be a false dawn as has been the case in previous seasons.
