Important Updates from the Investment Committee
Prior to July 2022 the Sanlam Wealth Creation Lifestage Strategy was only available to participating employers with previous exposure to this strategy. As from July 2022, the Trustees have approved the inclusion of this strategy for all participating employers as an additional default investment strategy option.
Operational Update
The Operational Update concerns Policy Protection Rule 13, Policyholder requirements to ensure compliance and Implications of not providing member contact details to Sanlam.
Imali Zam Member Education Initiative
The Imali Zam (My Money) Member Education Sessions are aimed at helping members to better understand their savings and benefits. The next Imali Zam Member Education Session is scheduled for 21 July 2022.
The FSCA plans to name employers who are in arrears with their contribution payments
In a communication distributed In a communication distributed on 9 June 2022 (attached), the Financial Sector Conduct Authority (FSCA) announced plans to disclose the names of the retirement funds and employers who are in arrears.
Holistic care now front and centre in Employee Benefits post pandemic, finds Sanlam Benchmark Survey
The retirement industry is in a uniquely strong position to impact the lives of South Africans as it is the largest source of invested assets in the country. The 2022 Sanlam Benchmark Survey sought to look ahead and to establish how the retirement industry can adapt to the vastly changed world.