Administration Updates

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.

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.

The Default regulations, promulgated in 2018 for implementation in March 2019, had a number of major impacts on SEB.

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.

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

Sanlam is pleased to announce that we have achieved a Level 1 B-BBEE Contributor Status.