WATCH | SARS Commissioner talks tax implications of two-pot retirement system

JOHANNESBURG - It’s all systems go for the much awaited two-pot retirement system as it has officially launched.

Trade unions, such as the Congress of South African Trade Unions, have embraced the reform, praising its potential to provide workers with flexibility to access their funds.

READ: Opinions on the two-pot system differ between SAFTU and COSATU

But, the new system also raises questions about its tax implications.

South African Revenue Service's  Commissioner Edward Kieswetter had a discussion with eNCA's Heidi Giokos on the this topic.