Administration updates
New administration fees for paid-up members, phased retirees and pending claims
New administration fees are applicable from 1 April 2020.
Sanlam Umbrella Fund’s communication in response to the COVID-19 outbreak
The Sanlam Umbrella Fund trustees are keeping Fund stakeholders updated with the Fund’s response in light of the Corona Virus Pandemic.
Solutions for distressed employers
The Sanlam Umbrella Fund offers a number of solutions for employers who are in distress as a result of the COVID-19 national state of disaster.
2020 Annual Revision – Time-Table for Communication
All our supporting consultants and participating employers will receive communication, detailing the client-specific changes to operating expenses and risk premiums (where applicable).
Retirement Savings Cost Disclosure Guide
The RSC Disclosure is a simplified and practical illustration of the estimated retirement savings costs at an employer level, allowing for more consistent comparison of costs across the industry.
Request for updated information in respect of Section 13A(9)(a) of the Pension Funds Act
Participating Employers have to notify the Fund in writing of the person/s who will be liable for payment of contributions.