The Sanlam Umbrella Fund trustees are keeping Fund stakeholders updated with the Fund’s response in light of the Corona Virus Pandemic.
The Sanlam Umbrella Fund offers a number of solutions for employers who are in distress as a result of the COVID-19 national state of disaster.
New administration fees are applicable from 1 April 2020.
Sanlam has made a decision to delay the investment management fee adjustments to the external investment portfolios.
Staff performing essential functions have been provided with an exemption to the lockdown to ensure that essential functions are prioritised.
All our supporting consultants and participating employers will receive communication, detailing the client-specific changes to operating expenses and risk premiums (where applicable).