Industry & regulatory updates
Are umbrella funds changing the retirement industry for the better?
It is generally held that South Africans are not good savers. We know that the household savings rate in this country is far too low.Read more as published in Moneyweb on 28 February 2017
Sanlam benchmark survey finds that financial stress is pervasive amongst South Africa’s middle class
Seven out of ten middle class workers experience some form of financial stress according to the findings of the 2017 Sanlam Benchmark Survey.Read more as published in Insurance Gateway on 10 May 2017
Sanlam Umbrella Fund update on Effective Annual Cost
The Sanlam Umbrella Fund trustees are pleased to confirm that the Association for Savings & Investment South Africa’s (ASISA) industry-agreed standardized method to compare charges is at last effective for...
Signs that umbrella fund costs are falling
As membership of umbrella retirement funds grows, there are positive indications that investment fees will decrease as competition increases.Read more as published in Personal Finance on 26 November 2016
Five mistakes to avoid when it comes to saving for retirement
Only 6% of South Africans can afford to retire
Living annuity: Which products are better?
Karen Wentzel, head of annuities at Sanlam Employee Benefits, advises a reader on selecting an appropriate retirement product.Read more as published in Saturday Citizen (KZN) on 19 November 2016