{"id":1070,"date":"2022-12-15T02:22:12","date_gmt":"2022-12-15T00:22:12","guid":{"rendered":"https:\/\/surf.sun.ac.za\/?p=1070"},"modified":"2022-12-15T02:22:12","modified_gmt":"2022-12-15T00:22:12","slug":"the-two-pot-system-a-game-changer","status":"publish","type":"post","link":"https:\/\/surf.sun.ac.za\/en\/2022\/12\/15\/the-two-pot-system-a-game-changer\/","title":{"rendered":"The two-pot system &#8211; A game changer?"},"content":{"rendered":"<p><em>By Freddy Mwabi, Consulting Actuary<\/em><\/p>\n<p>It is an undisputed fact that the Covid-19 pandemic and ensuing lockdowns have left a mark on the economic health of many South African households. The SA SMME Covid-19 impact report published by Finfind in November\u00a02020 states,\u00a0<em>\u201cAccording to the National Income Dynamics Study (Coronavirus Rapid Mobile Survey), a consumer study, South Africa has lost a decade\u2019s worth of jobs in less than half a year of lockdown and the economy slowed by 16.4% in the second quarter of 2020 compared with the first quarter of 2020.\u201d<\/em>\u00a0What the pandemic highlighted was individuals\u2019 needs for more flexibility and access to savings during times of unforeseen financial pressures.<\/p>\n<p>Read more <a href=\"https:\/\/www.simekaconsult.co.za\/connecting\/the-two-pot-system-a-game-changer\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>By Freddy Mwabi, Consulting Actuary It is an undisputed fact that the Covid-19 pandemic and ensuing lockdowns have left a mark on the economic health of many South African households. The SA SMME Covid-19 impact report published by Finfind in November\u00a02020 states,\u00a0\u201cAccording to the National Income Dynamics Study (Coronavirus Rapid Mobile Survey), a consumer study, [&hellip;]<\/p>","protected":false},"author":11016,"featured_media":1073,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[3256],"tags":[],"post_folder":[],"class_list":["post-1070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/posts\/1070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/users\/11016"}],"replies":[{"embeddable":true,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/comments?post=1070"}],"version-history":[{"count":1,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/posts\/1070\/revisions"}],"predecessor-version":[{"id":1076,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/posts\/1070\/revisions\/1076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/media\/1073"}],"wp:attachment":[{"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/media?parent=1070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/categories?post=1070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/tags?post=1070"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/surf.sun.ac.za\/en\/wp-json\/wp\/v2\/post_folder?post=1070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}