Over the last few years, government has been reviewing and changing the laws that control the retirement fund industry. These retirement reforms aim to ensure that you save enough for retirement and that your savings are protected.
The Investment Committee recently concluded an in-depth review of the entire investment offering, and this communication details the changes that will be made from March 2021.
The second wave of the Covid-19 pandemic has put the Sanlam Umbrella Fund insured benefits service providers under immense pressure on the processing and payment of some of the risk benefit claims.
Balanced funds delivered strong returns for investors in 2020. Through markets that plunged, and then rose, in rapid succession, managers of balanced funds were able to apply tactical asset allocation to extract the best performance from equities, bonds and the performance of the rand.