Covid-19 threatens retirement savings - Sanlam

The National Treasury has proposed a ‘two-pot system’ for withdrawals from pension funds, with up to one-third being accessible before retirement. The consideration comes as Sanlam warns that the economic impact of the pandemic poses a threat to retirement savings. Alishia Seckam spoke to Avishal Seeth, Head of Sanlam Umbrella Solutions for more insight.