Fund Updates

Farewell my friend and colleague. I will never forget you.

We release the July 2021 version of The Fund in Detail. Updates include changes to benefit maximums, investment menu updates and a new chapter that outlines the standards and requirements of POPIA.

We release the July 2021 version of the Sanlam Unity Umbrella Fund Product Guide. Updates include changes to benefit maximums and a new chapter that outlines the standards and requirements of POPIA.

The Fund recently concluded an in-depth review of the Volatility Protection Strategy on the Sanlam Umbrella Fund as well as the Sanlam Unity Umbrella Default Strategy.

The Fund recently held the first Imali Zam (My Money) member session aimed at equipping members to better understand their savings and benefits.

The rising mortality rate has resulted in many insurers having to resort to significant rate increases. We anticipate that these increases could also affect participating employers of the Sanlam Umbrella Fund.

In line with our commitment to adequately communicate any possible increases in risk rates with our stakeholders, Yolanda Cezula, Executive Consultant at Sanlam Umbrella Solutions, discussed the impact of COVID-19 on Sanlam Umbrella Fund’s group insurance pricing in a video to participating employers and intermediaries distributed on 13 May 2021.

Should you have missed this communication, kindly click here to read the related article.

Although not specific to the Sanlam Umbrella Fund, we also include an update from one of our insurers, Sanlam Group Risk, on the impact that COVID-19 is expected to have on their group insurance premiums.