From 1 March 2021, retirement benefits from provident funds and provident preservation funds will be governed by the same rules as pension funds.
Financial planner, James Vigne offers some tips to help retired parents.
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.
The Sanlam Umbrella Fund continues to empower members’ financial resilience by offering value-added benefits