New administration fees are applicable from 1 April 2020.
At the 2019 Sanlam Umbrella Fund Symposium, we mentioned the new investment report back service available to participating employers with more than R50m in assets under management. Read more on this topic.
Sanlam has made a decision to delay the investment management fee adjustments to the external investment portfolios.
The Trustees of the Sanlam Umbrella Fund and the Sanlam Unity Umbrella Fund have been announced.
Staff performing essential functions have been provided with an exemption to the lockdown to ensure that essential functions are prioritised.