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Administration Updates

Legal Focus

Withholding a member’s retirement fund benefit or making a deduction from such a benefit should be referred to the Board for careful consideration and a decision.

An alternative to in-fund preservation

When an employee leaves their place of employment (but does not retire), it is important to give them every opportunity to preserve their retirement savings.

Individual Member Support

The aim of Retirement Benefits Counselling is to improve the outcomes for members by giving them access to the options they have available when withdrawing or retiring from a fund.

Unclaimed Benefits Fund

Sanlam’s Unclaimed Benefits Pension Preservation and Provident Preservation Funds offer a specialised solution for unclaimed benefits.