Read more about the conditions for deductions for damages suffered by an employer due to theft or fraud by a member.
Independent Sanlam Umbrella Fund Trustee, Jolly Mokorosi, believes trustees should reassess how we view risk in terms of our own academic matrices and what risk means to the members of the retirement funds they serve.
When you find yourself in a tough spot financially and you see no way forward, the temptation is to dip into retirement funds. We believe that this should be avoided at all costs. Even more tempting, is withdrawing more than you need from your retirement savings. We believe this should be avoided if at all possible.
It’s almost trite to repeat that the COVID-19 pandemic and its associated lockdowns have hit South African households hard. Losing jobs and contracts and work hours came against a backdrop where many South Africans...
The long-awaited retirement reforms came into effect on 1 March 2021. The reforms, also known as T-Day, mean that retirement benefits under provident funds and provident preservation funds will be subject to compulsory annuitisation.
Avishal Seeth, Head of Sanlam Umbrella Solutions, Reinier Van Gijsen, Head of Pricing, Sanlam Corporate: Group Risk and Michele Jennings, CEO of Sanlam Corporate: Group Risk, recently hosted a webinar discussing the legislative framework relating to vested rights of members over the age of 55 and the impact of COVID-19 on group insurance.