Sanlam said that they have received more than 20,000 savings component claims.
Since the rollout of the two-pot retirement system, there has been more than 20,000 savings component claims, according to Sanlam . Picture: Freepikit has received more than 20,000 savings component claims on their portal and app for the first two working days of September
According to Sanlam, the high demand on their portal and app during the initial days of the rollout of the two-pot retirement system shows a strong interest in the new retirement system. Sanlam also experienced a 750% increase in call volumes during the first few days of September, compared to previous years. The demand peaked on September 4, 2024 with close to 7,500 calls and WhatsApps.Around 1% of tax directive requests have been rejected by Sars, and for 13% of requests, Sars issued an IT88.will issue an IT88 if a pension fund member has outstanding tax from a previous period or has not submitted one or more annual tax returns for their personal taxes, according to Sanlam.
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