Fund Updates
How does the Sanlam Umbrella Fund comply with the Default Regulations?
The Trustees of the Sanlam Umbrella Fund, together with their supporting committees, have outlined how the Fund will comply with the default regulations.
Inclusion of Smoothed Bonus Portfolios as a Default Investment Strategy
The Sanlam Umbrella Fund has for many years used Smoothed Bonus Portfolios as a part of our default investment strategies.
Updated version of The Fund in Detail
We release the November 2018 version of The Fund in Detail for the attention of consultants and participating employers
Regulatory requirements in terms of the Financial Intelligence Centre (FIC) Amendment Act, 2017 for Participating Employers of the Sanlam Umbrella Fund
To meet FICA requirements, Sanlam is obliged to identify and verify all persons and entities we interact with and all participating employers of the Sanlam Umbrella Fund and the Sanlam Unity Umbrella Fund are obligated to provide the most updated documentation verifying ownership of the entity.
ABSA Life included as alternate insurer for participating employers in the Sanlam Umbrella Fund
ABSA Life has been included as alternate insurer from 1 November 2018.
Consulting Fees And Annual Revision Process
Consultants who wish to review any consulting fee for 2019, should ensure the necessary signed documentation for this change must reach us no later than 31 December 2018.