YOUR MONEY | 5 things to know about the new retirement rules

13 Apr 2021

By Letitia Watson

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(Photo: GALLO IMAGES/GETTY IMAGES)

If you’re still working and saving, these changes could impact you if you belong to a fund.

Several changes in retirement fund rules came into effect on 1 March. They’re aimed at ensuring you save enough for your retirement and create uniformity between the tax and annuity regimes for all types of retirement money.

James Coutinho, Liberty senior manager of group corporate and client tax, explains the rules.

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