# Up to 48-percent of South Africans in pension funds plan to withdraw under the new two-pot retirement system from 1 September. Many cited debt repayment and daily expenses as reasons. According to research from Worth, a lack of emergency savings and annual withdrawals are concerns, with some considering resigning for full fund access. Financial education gaps persist, with 42-percent of employers offering no support. CEO Gary Kayle urges improving cash flow and reducing debt to avoid early withdrawals.
48% of South Africans plan to withdraw under the new two-pot retirement system