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Willem Fourie

Willem Fourie is a South African personal finance and retirement writer with extensive experience covering retirement legislation, personal finance and employee benefits. He began his career as a compliance officer at a Johannesburg-based employee benefits consultancy, where he worked closely with retirement fund members and helped explain the rules and requirements affecting their retirement savings. After seven years in compliance, he moved into financial journalism, covering South African retirement reform, taxation and personal finance for business and financial publications. His work has included following developments in South Africa's retirement reform programme, changes to retirement-fund preservation rules and the introduction of the Two-Pot Retirement System. He has also spoken with professionals working in retirement funds, financial planning, actuarial services and taxation to better understand how changes to retirement legislation affect ordinary fund members. Willem followed the development of the Two-Pot Retirement System from its introduction and continued to research the practical questions that fund members faced when the system came into effect on 1 September 2024. This experience led to the creation of TwoPotGuide.co.za, an independent information website focused on explaining the Two-Pot System and related retirement and employment topics in straightforward language. Willem holds a BCom in Financial Management from Stellenbosch University and a Postgraduate Diploma in Financial Planning from the University of the Free State. He is not a registered financial adviser, and TwoPotGuide.co.za does not provide personalised financial advice. The website's content is intended for general information and educational purposes. Readers should consult their retirement fund, financial adviser, tax practitioner or other appropriately qualified professional when making decisions about their individual circumstances. Willem is based in Cape Town and can be contacted through the website's Contact page. He welcomes questions and feedback about the information published on TwoPotGuide.co.za.

Bidvest Two Pot System

Bidvest Two Pot System

Bidvest is one of South Africa’s largest employers, with operations spanning financial services, freight, commercial products, and facilities management. If you work for a Bidvest company and your retirement savings are held through a Bidvest-linked pension or provident fund, the…

Liberty Two Pot Withdrawal

Liberty Two Pot Withdrawal

Liberty is one of South Africa’s major life insurers and retirement fund administrators, with a large footprint in both employer-linked group risk and retirement products. If your pension fund, provident fund, or retirement annuity sits with Liberty, the two-pot retirement…

Alexander Forbes Two Pot System

Alexander Forbes Two Pot System

Alexander Forbes is one of the largest retirement fund administrators in South Africa, managing funds on behalf of hundreds of employers and hundreds of thousands of members. If your employer uses Alexander Forbes to administer your pension or provident fund,…

What Happens to the Two-Pot System If I Resign

What Happens to the Two-Pot System If I Resign

Resignation is one of the most financially consequential decisions a South African employee can make, and most people do not fully understand what happens to their retirement savings when they hand in their notice. The question “what happens to the…

Two Pot Withdrawal Requirements

Two Pot Withdrawal Requirements

A savings pot withdrawal gets rejected or delayed for one of a handful of reasons, and most of them are avoidable. The two pot withdrawal requirements are not complicated, but they are precise. Miss one and your payment stalls until…

Old Mutual Two Pot Withdrawal

Old Mutual Two Pot Withdrawal

Thousands of Old Mutual fund members submitted savings pot withdrawal claims within days of the two-pot system launching on 1 September 2024. Many received less than they expected. Some experienced delays. A few got caught out by FICA documentation that…

Old Mutual Two Pot System

Old Mutual Two Pot System

This article covers how the Old Mutual two pot system works in practice: the structures, the withdrawal process, the tax treatment, the fees, and the mistakes that trip up members who go in without the full picture. Old Mutual administers…

Sanlam Two-Pot System Withdrawal

Sanlam Two-Pot System Withdrawal

Most people asking about a Sanlam two-pot system withdrawal are not looking for a general explanation of the legislation. They want to know exactly what to click, what details to have ready, how long they will wait, and how much…

Sanlam Two Pot System

Sanlam Two Pot System

Sanlam processed R2.3 billion in two pot savings withdrawals in the months after the system launched on 1 September 2024. That figure puts it among the top five administrators by rand value in the country, behind only government funds and…