Updated Version Of The Sanlam Unity Umbrella Fund Product Guide
We release the March 2018 version of the Sanlam Unity Umbrella Fund Product Guide for the attention of intermediaries. An exciting new enhancement is the Retirement Optimisation Services that is now available for the...
Sanlam Umbrella Fund Joint Forum Update – March 2018
Read the latest information as published in the latest version of the Joint Forum update.
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.
Stricter rules for the sector will hit smaller funds harder
Read the article “Regulation fuels drastic reduction in stand-alone retirement funds” as published in Moneyweb on 7 March 2018 here. Read the article “Life is about to get tougher for small pension...
Pensions – Some progress
Members of provident funds can take their pension in a lump sum for now, though government and business would like to see pension and provident funds rules aligned so that everyone would have to buy a regular annuity.
Campaign to encourage member registration for online portal and mobile app
The FSB now requires that all retirement funds obtain and maintain the personal contact details of each and every member of the Fund.