How will the retirement reforms affect you?

The long-awaited retirement reforms came into effect on 1 March 2021. The reforms, also known as T-Day, mean that retirement benefits under provident funds and provident preservation funds will be subject to compulsory annuitisation. 

In this video, Avishal Seeth – Head of Sanlam Umbrella Solutions - unpacks the impact of T-Day for members of retirement funds.