The Sanlam Unity Umbrella Fund 2018 Rate Review and the impact of the VAT increase
The annual rate review for all three underlying funds being the Sanlam Umbrella Pension Fund, the Sanlam Umbrella Provident Fund and the Sanlam Unity Umbrella Fund is now completed. Fees for all participating employers will be adjusted with 15% VAT where applicable.
Closure of the SIM Inflation Plus Portfolio
The Trustees of the Sanlam Umbrella Fund and Sanlam Plus Preservation Fund has decided to close the SIM Inflation Plus Fund and transfer all the assets to the SIM Moderate Absolute Fund during the month of April.
End of the road for company pension funds?
The default pension fund regulations could persuade many employer-sponsored funds to move their employees to an umbrella fund.
Investment Update: Changes from 1 April 2018
The trustees continuously evaluate the portfolios available to the members of the Sanlam Umbrella Fund and are informing consultants about a number of changes coming into effect on 1 April 2018.
Money worries cost employers 35% of payroll
Read the full article by Laura du Preez as published in the Sunday Times on 26 November 2017 here.
Sanlam Umbrella Fund 2018 Rate Review
Important information regarding the 2018 Rate Review is communicated.