This three-hour course aims to unpack the new Two-Pot retirement system which came into effect on 1 September 2024 and to provide insight as to its impact on the retirement system.
When and where?
17 March 2025, 09:00 to 12:00 SAST
This course will be held remotely, most likely on Zoom - exact details will be sent to registered participants a few days before the course.
Course outline
In this course, we will cover:
- The law
- How it worked before – resignation, retrenchment, retirement
- Reasons for the changes
- The laws giving effect to the Two-Pot retirement system
- The changes – savings pot, vested pot and retirement pot
- Funds included in the new regime
- Funds excluded from the new regime
- Members over 55 on T-day
- GEPF
- Emigration
- Taxation of benefits
- Treatment of tax debt
- Impact on treatment of permissible deductions - Section 37D (employer debt, maintenance, divorce, housing loans)
- Impact on death benefits
- Examples
Who will benefit from this course?
Trustees, fund consultants, fund administrators, legal advisors, attorneys
Presenter
Lize De La Harpe is an admitted attorney currently employed by Sanlam Corporate as a Senior Legal Advisor. She has almost two decades’ experience in the financial services industry as well as extensive knowledge of pension fund law. She holds the following qualifications - a LLB from the University of Stellenbosch, a CFP from the University of the Free State and a Certificate in Compliance Management from UCT. She is a member of the Pension Lawyers Association and Batseta and serves on the IRFA legal and technical committee. Lize is extremely passionate about pension law and has written numerous articles on a broad range of topics which are often featured in media publications. Sanlam partnered with the SABC during the weeks up to the implementation of the Two Pot system, during which time Lize frequented on the news and also on the radio ensuring members are educated about these changes.
How much?
R1,080 per person
Certificate
A digital certificate of attendance from UCT will be issued to those who attend the full course.
How to sign up
Complete and submit the registration form. You will then be given the payment information. Please note that your registration is not complete until payment has been made.
One or two days before the course, we will send you the Zoom link. You will need to register and use a password to access the course.
Registrations close three days before the course starts.
Download the brochure.
You may also be interested in:
- Divorce orders and pension interest claims
- Enforcing maintenance orders against pensions and annuities
- The Protection of Personal Information Act, 2013
- Section 37C – death benefits