Fund Updates
Update from the Investment Committee: Changes to Sanlam Blue Lifestage Strategy and SIM Balanced Fund
The Investment Committee recently concluded an in-depth review of both the Sanlam Blue Lifestage Strategy, as well as the SIM Balanced Fund. This communication details the changes that will be made during October 2024.
Participating employers to keep up-to-date contact details to assist the death claims process
The lack of contact information for members and their dependants contributes to delays in the resolution of many death claims. Participating employers may significantly reduce this difficulty by urging members to provide and maintain current contact information at all times.
Helpful member information for all things two-pot
The two-pot retirement system has recently been put in place. In keeping with our mission to provide Sanlam Umbrella Fund members with information regarding their retirement benefits, we have put together a series of educational and enlightening programs.
Two-pot system update: Administration Fee for Emergency Savings Pot withdrawal claims
Sanlam Umbrella Fund has introduced an administration fee to maintain transparency in its operations and to cover the necessary administrative expenses associated with Emergency Savings Pot withdrawals.
Update to The Fund In Detail
The September 2024 version of The Fund in Detail is now available. Apart from text refinements, updates include the revision of the Group Insurance risk management fees, an updated investment menu and modifications in line with administrative requirements of two-pot system.
Update to Sanlam Unity Umbrella Fund Product Guide
The September 2024 Sanlam Unity Umbrella Fund Product Guide is now available. Updates include text refinements and general updates, including modifications in line with the administrative requirements of two-pot system.