Fund Updates

Sanlam Corporate Investments will terminate the SPW Balanced Fund effective 1 August 2026 following sustained underperformance. Members with exposure to this investment portfolio may select an alternative by 30 July or they will be transitioned to the Sanlam Multi Asset Growth Fund, designed to deliver improved long-term growth and aligned risk outcomes.

The Sanlam Umbrella Fund has formalised six core Trustee values: member-centricity, integrity, independence, accountability, transparency, and ethical leadership – to guide governance and decision-making. These principles strengthen alignment, build trust, and ensure members’ retirement savings are managed responsibly, with a consistent focus on long-term sustainability and stakeholder confidence.

The 2026 administration fee and insurance premium rate review for participating employers in the Sanlam Umbrella Funds and Sanlam Unity Umbrella Fund has commenced. Revised rates take effect from 1 August 2026, with employer-specific revision statements issued via the Sanlam Corporate Portal from May 2026.

The Planned Retirement Age option has been removed to simplify retirement planning and reduce member confusion. The change aligns retirement processes to the employer’s Normal Retirement Age, reducing confusion and supporting more consistent member outcomes.

Providing complete and accurate information upfront helps Sanlam Corporate process queries and claims faster. Ensure to include these key details required to avoid delays, improve turnaround times, and ensure efficient service for all future correspondence and claims.

Completing a beneficiary nomination for a funeral benefit is essential to ensure a quick and stress-free payout. This article explains how a valid, up-to-date nomination helps avoid delays, disputes, and administrative challenges during an already difficult time for loved ones.