The Trustees of the Sanlam Umbrella Fund and the Sanlam Unity Umbrella Fund have been announced.
If trustees could not act in the best interests of fund members, then the introduction of prescribed assets could do more harm than good.
A summary of the Medium Term Policy Statement issued by Finance Minister Tito Mboweni issued on 30 October 2019.
Read the article published in Saturday Star on 10 November 2018 here
The Sanlam Umbrella Fund has for many years used Smoothed Bonus Portfolios as a part of our default investment strategies.
Know more about tax and retirement portfolios.