A new retirement savings system, known as the Two-Pot system, comes into effect in South Africa from the first of September. The system, designed to encourage responsible withdrawals from retirement funds, divides savings into two portions. The South African government says this system will hopefully promote financial sustainability and reduce reliance on state pensions. Sanlam Glacier, a leading financial services provider, has partnered with the government to educate policyholders about the two-pot system.  For more on this Elvis Presslin spoke to Khanyi Nzukuma, the CEO of Glacier by Sanlam