Fund Updates
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.
The Sanlam Umbrella Fund remains committed to helping our members better understand their retirement benefits
With the two-pot system fast approaching, it is critical that we find innovative ways to share information to enhance member education. To enable real time communication with members, we have incorporated WhatsApp communication as part of our new member onboarding and lifestage experience.