With the arrival of the Two-Pot Retirement System, there’ve been a number of questions from fund members, employers, intermediaries, and various other stakeholders in the retirement fund and administration industry.

These are some of the ones we hear the most:

• How can I make a withdrawal claim?
• Why will I get taxed, and how much?
• What will a withdrawal cost me?

Watch this video with Old Mutual Corporate Consultants’ Managing Executive, Blessing Utete, for the answers.

Also please note: Old Mutual’s Two-Pot withdrawal process will happen in two phases. This will ensure the system can handle the large volume of withdrawal applications that we anticipate, and that the process is safe and seamless with as few glitches as possible.

All Two-Pot transactions will be conducted via the Old Mutual channel on WhatsApp, which is safe, secure and equipped to handle the over 600 000 applications we anticipate.

If you’d like to view the webinars Blessing mentions in this video, visit our Two-Pot web page.

Need to know more about Two-Pot? Let’s talk.