The Trustees have reviewed the current Glacier minimum product criteria and have implemented a simplified version. This criteria will be effective from 1 November 2018,

Providing their employer has included this option, members with a minimum pensionable salary of R600 000 per annum and a net contribution of R7 500 per month towards retirement savings, may choose to invest via the Glacier Retirement Fund Solution.

This change will be incorporated in the next version of the Sanlam Umbrella Fund in Detail.