Momentum Group says 350,000 people made withdrawals from their pension savings in the past year, almost one in five of whom are older than 50
21 September 2025 – 08:33
Insurance company Momentum Group has flagged a high rate of two-pot system withdrawals among members older than 50, after paying R5.4bn in claims in the year ended June.
The two-pot system allows people to dip into their savings before they reach retirement age or qualify for early retirement benefits…