News and Information
Consumers continue to suffer financial effects of the pandemic
Life for South African consumers is far from back to normal, as a number of surveys attest. For the average consumer, income levels are down, savings are down, and debt levels have risen.
Legal Update November 2021
The following legal updates were publish by The Sanlam Corporate Legal department for your attention.
POPIA Update: Sanlam Corporate’s Road To Readiness
Sanlam Corporate’s implementation of the legislation for POPIA.
A Setback for Retirement Funds
Kanyisa Mkhize, Chief Executive Officer at Sanlam Corporate, says the pandemic has been a setback for South African retirement fund members and retirees.
Sanlam released the results of its 40th Benchmark Survey
Retirement fund members opted to suspend contributions for an average of four-and-a-half months in 2020.
Save and live with financial confidence
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