DStv Channel 403 Tuesday, 05 November 2024

Two-pot system | Retailers and banks set to benefit

JOHANNESBURG - Have you decided whether you're cashing out funds out of the two-pot system?

If so, is it clear what it is that you'll utilise the money for?

WATCH: Discussion | Two-pot Retirement system kicks off in September

FNB Wealth and Investments, Head of Investment Research, Chantal Marx says the biggest winners, should you decide to cash out, will be banks and retailers.

Financial experts advise against dipping your fingers in the pot, but others say it could be beneficial, provided that you invest wisely.

She spoke with eNCA about the system. 

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