Trustee-related updates
Persons who are liable for the payment of contributions
The Pension Funds Act, (Section 13A(9)(a)), makes it an obligation of a retirement fund to request participating employers in writing to notify the fund of the identity of the person or persons who are personally...
You may leave your money in the fund when you retire
As from 1 March 2015, retiring members will be given the opportunity to postpone payment of their retirement benefit until a later date than the retirement date indicated in the rules of the fund.This means you may...
2014 Trustee Report and AGM
The 2014 Trustee report for the Sanlam Umbrella Fund was released at the AGM held early October. We believe the format of this year’s report makes for easy reading and the trustees encourage all employers and...