Consulting fees in the Sanlam Umbrella Fund
The consulting fee payable to each participating employer’s appointed consultant is a matter of negotiation between the participating employer and the consultant. A standard consulting fee is payable monthly to...
Compulsory membership of a pension/provident fund
Employers do not always appreciate that
Further detail on Sanlam Lifestage implementation in the Sanlam Umbrella Fund
On 22 March 2013 we announced that the Sanlam Umbrella Fund will be adopting Sanlam Lifestage as the Fund’s default investment strategy. The response from our clients has been very positive. Nonetheless we again...
New CEO for Sanlam Employee Benefits
The Sanlam Group has announced the appointment of Dawie de Villiers as chief executive officer of Sanlam Employee Benefits (SEB). Previously CEO of SEB’s structured solutions business, de Villiers took on the new...
Contingency Reserve Account
We remind all our clients that the Sanlam Umbrella Fund Trustees have approved a contingency reserve account levy of R2.00 per member per month (including VAT) applicable as from 1 March 2013. This levy covers a...
Sanlam Umbrella Fund celebrates R10 billion assets under management
Pictured at the R10 Billion Bash are Richard van Dijk (GM SEB Distribution), Mike O’Donovan (CEO Sanlam Umbrella Solutions), Michele Jennings (CFO SEB), Dawie de Villiers (CEO SEB), Robert Roux (COO Sanlam...