Administration Updates

Employees  who falls within the definition of eligible employee as contained in the rules of the Private Security Sector Provident Fund (PSSPF) must become a member of the PSSPF.

Sanlam has stolen a march on the retirement funding industry by announcing that it will provide free Retirement Benefits Counselling to all qualifying retirement fund administration clients.

This is an exciting year for us at Sanlam because we celebrate our centenary in June. We are particularly pleased that the Sanlam Benchmark survey has been running for 37 years of the company’s lifespan. Read more on the results of the stand-alone funds research.

The retirement default regulations, Regulations 37, 38 and 39 of the Pension Funds Act, were issued by Treasury last year to take effect from 1 September 2017.

Your opportunity to contribute to Sanlam Benchmark 2018 and also benchmark your fund’s progress in implementing the default regulations by 1 March 2019 against other retirement funds.The survey should take no longer than 20 minutes to complete!

At the beginning of May 2018, the Retirement Fund Web will be replaced by a new enhanced online portal and mobile app for members. All members will automatically be routed to the new online member portal (unless specific arrangements have been made to the contrary). This is a seamless process with no need for members (that are already registered) to re-register.