Sanlam Umbrella Fund Consultant Toolkit
This monthly toolkit is a communication channel between the Sanlam Umbrella Fund trustees, the Fund’s Administrator and supporting intermediaries. It contains all Fund related information and updates that intermediaries will require.
Quick links
Fund updates
Update: The Fund in Detail 2024
The April 2024 version of The Fund in Detail is now available.
Update: Sanlam Unity Product Guide
The Sanlam Unity Product Guide for 2024 is now available.
Investment update: Sanlam Unity Umbrella Fund gears up for the Two-Pot System
The Funds' research and modelling suggest that close to 10% of the Funds' assets might be withdrawn from the Sanvings Pot shortly after the Two-Pot legislation becomes effective. This increased short-term focus on liquidity has lead the Fund to review the Investment Strategy with immediate effect.
Updated Conditions and Administration Fees for Individual Membership
Adjustments have been made to the Individual Membership options, these include new administration fees and where a paid-up member does not provide an investment instruction they will be defaulted to the Volatility Protection Strategy.
Industry updates
POPIA in the context of retirement funds
Legal advisor at Sanlam, Lize de la Harpe, explains how the conditions and specific requirements set out in The Protection of Personal Information Act, 20213 (POPIA) applies to retirement funds in the latest Pensions World publication.
2024 National Budget keeps taxes steady, taps into gold reserves
The Budget Speech Summary provides insights on how the country’s current economic standing will affect you.
Sumendren Naidoo’s vision for empowering financial futures
Sumendren Naidoo of Sanlam Corporate, chats about his vision for empowering financial futures.
The Two-Pot Retirement System: An update from Sanlam Corporate
A revised Revenue Laws Amendment Bill published on 1 November 2023 proposed – amongst other things – that the implementation of the Two-Pot system be postponed to 1 March 2025. However, on 21 November 2023, the Standing Committee on Finance rejected this proposal,...
