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 Old Mutual Withdrawal Form 2015

Old Mutual Partial Withdrawal 2015-2024 Form

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Instructions and help about old mutual withdrawal forms

[Music] following the widespread economic devastation caused by the pandemic and lockdown as well as the recent civil unrest national treasury has announced relief measures to support the recovery of the economy and to aid the poor national treasury is currently in discussion with business and labor to consider the proposal to allow retirement fund members to make limited withdrawals from their retirement funds without the need to change employers or wait for reaching retirement age we believe there is a simultaneous need to strengthen the national savings culture and improve long-term retirement outcomes therefore we welcome the fact that treasury's proposal is part of a package that also proposes increased preservation and improved retirement coverage currently employed south africans experience very poor retirement outcomes one of the main reasons behind this is that members tend to cash out their retirement savings when changing jobs so early access is not new in a sense for those

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