The two-pot retirement system has worked in some countries but failed in others where it was not sufficiently controlled. “While the two-pot retirement system is new to our shores, many countries have navigated similar reforms, offering valuable insights into potential pitfalls and best practices. “By examining international retirement models, we can better understand how to ensure the two-pot retirement system delivers sustainable, positive investment outcomes for South Africans.”ALSO READ: Two-pot retirement system in SA compared to other countriesSouth Africa not the first to try the two-pot retirement systemAdsetts says South Africa is not an outlier when it comes to reforming its retirement system. ALSO READ: Two-pot retirement system: 75% of second year withdrawals are repeatsThe two-pot retirement system in Singapore and MalaysiaIn Singapore and Malaysia, both countries where citizens typically did not save enough for retirement, authorities implemented provident funds with separate sub-accounts “ringfenced” for specific needs, such as housing and medical expenses. ALSO READ: Two-pot retirement system: the trends one year onPortfolio constructionThe two-pot retirement system potentially creates a divide between short-term liquidity and long-term growth.