I run my own company so I can also choose to make extra-mandatory payments into pillar 2 or I can open a pillar 3a account and put money there.


As the director, I can freely choose which pillar 2 fund to use so I can choose a pillar 2 fund that only uses the minimum mandatory payment or I can choose a fund that accepts higher payments.



Can anybody make any comment for somebody in this situation, are the higher payments into pillar 2 the better choice or are there any products in pillar 3a that are better?



People who completed a divorce within the last 3 years also have the option to make a top-up payment into pillar 2, they face almost exactly the same question as a business owner: if they have a spare sum of cash, is it better to make that extra payment into pillar 2 or is it better to put that same sum of money into pillar 3a?