In response to the new legislation and irrespective of these challenges, the Sanlam Umbrella Fund revised its communication strategy to make provision for servicing members directly in an effective manner.
The 2018 Trustee Report was released by the Board of Trustees.
Pension fund trustees have a hard time trying to work out how to share retirement fund benefits among family when a member dies.
Preserving your funds when changing employers should be at the top of your list of retirement do's.
The biggest problem employee face is debt and this should be addressed by debt counselling and financial literacy.
Research shows that South African are not prepared for the financial consequences of retirement