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Legal Update November 2021

The following legal updates were publish by The Sanlam Corporate Legal department for your attention.

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.

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