The Board of trustees keep the General rules aligned and updated with legislative changes. Rule amendments for the Sanlam Umbrella Pension Fund and the Sanlam Umbrella Provident Fund were both formally registered by the Registrar of Pension Funds on 13 April 2015.
Apart from amendments to ensure operational efficiencies, the change that will be of interest to employers and members is the following that was added to RULE 13.4: