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Fund Updates

Sanlam and Ninety-One Partnership: What Consultants and Employers Need to Know

The Sanlam–Ninety-One partnership enhances Sanlam’s investment capabilities while keeping all client relationships and mandates unchanged. Only portfolio names within the Sanlam Umbrella Fund have been updated, with no impact on fees, construction or risk profiles, ensuring continuity for employers, consultants and members.

Termination of the Sanlam Progressive Smooth Bonus Portfolio and Transfer to the Sanlam Stable Bonus Portfolio

Sanlam Corporate Investments has decided to terminate the Sanlam Progressive Smooth Bonus Portfolio. Following this the Sanlam Umbrella Fund will terminate and remove this portfolio from its investment choice and transfer all assets to the larger, more sustainable, Sanlam Stable Bonus Portfolio in April 2026. Members retain guarantees, face no penalties, and will receive a once off compensatory bonus.

From Buzzword to Benchmark – A word from the Transformation Committee

The Sanlam Umbrella Fund sets a bold benchmark for transformation in South Africa’s retirement industry, appointing Ms. Jolly Mokorosi as its first female Chair. SUF’s inclusive leadership and commitment to ethical governance reflect transformation by conviction, not obligation—leading change, not waiting for it.

Important Update: New Email Address for Amendment Requests

Please send all member Policy Amendment requests to Clientamendments@sanlam.co.za and use the subject line format: Participating Employer Name – Participating Employer Code. This ensures accurate linking and supports automation for faster processing of policy, benefit and pricing changes. Please Note: This email address is not for the updating of members' personal information by the member. Thank you for helping us maintain efficiency.

2026 Administration Fee & Premium Revision Date Moves to August

The annual revision date for administration fees and insurance premiums will change to 1 August 2026 for the Sanlam Umbrella Funds and Sanlam Unity Umbrella Fund. This change avoids holiday season disruptions, ensuring smoother client engagement. Current administration fees and premiums remain unchanged until the new revision date.