Administration updates
FSCA (previously FSB) compels boards of funds to make contact with Fund members
Despite a number of projects to obtain member contact details, many members’ details are still not on record yet. Read about why the Trustees regard this as a matter of utmost importance.
Ensure you are using updated benefit claim forms
Employers are encouraged to use the Retirement Fund Web for the processing of all claims.
Campaign to encourage member registration for online portal and mobile app
In recent years we have seen many digital transformations of other industries and specifically the financial services sector with online banking becoming the norm. This has resulted in members of retirement funds now...
Updated version of the Fund in Detail
We release the March 2018 version of The Fund in Detail for the attention of consultants and participating employers. All the changes and new information have been summarised for your convenience. The Fund in Detail...
The Sanlam Unity Umbrella Fund 2018 Rate Review and the impact of the VAT increase
The annual rate review for all three underlying funds being the Sanlam Umbrella Pension Fund, the Sanlam Umbrella Provident Fund and the Sanlam Unity Umbrella Fund is now completed. Fees for all participating employers will be adjusted with 15% VAT where applicable.
Closure of the SIM Inflation Plus Portfolio
The Trustees of the Sanlam Umbrella Fund and Sanlam Plus Preservation Fund has decided to close the SIM Inflation Plus Fund and transfer all the assets to the SIM Moderate Absolute Fund during the month of April.