Administration updates
2016 Annual revision – Fee and CRA levy adjustments
Work is far advanced in preparing the annual revision of administration fees and insured benefits premiums effective for the 12 months commencing 1 March 2016.Read more
2015 Trustee Report
The Sanlam Umbrella Fund Board of Trustees released the 2015 Trustee Report at the AGMs. It is a comprehensive report on:The Sanlam Umbrella Pension and Provident Funds,The Sanlam Futura Umbrella Retirement Fund andThe...
What happens when an employer terminates its participation in the Sanlam Umbrella Fund and the Sanlam Futura Umbrella Retirement Fund?
In tough financial times, cash flow challenges are a reality for many of the employers participating in a retirement fund. These challenges may force an employer to consider reducing contributions or terminating the...
Futura Product Guide – March 2015 version
We are releasing herewith the March 2015 version of The Product Guide document. Employers are advised to discuss with their consultants the effect that any changes might have.Summary of updatesDownload the new version...
2015 Annual Revision
The annual revision due at 1 March 2015 for the Sanlam Umbrella Pension Fund, the Sanlam Umbrella Provident Fund and the Sanlam Futura Umbrella Retirement Fund has now been finalised. E-mail communication was sent on...
Compulsory membership to a pension and/or provident fund
When is it compulsory for an employee to join his/her employer’s pension/provident fund?In terms of the Income Tax Act, a new,