seb-news.sanlam.co.za Open in urlscan Pro
196.36.206.122  Public Scan

Form analysis
1 forms found in the DOM

GET https://seb-news.sanlam.co.za/consultant-toolkit/

<form role="search" method="get" class="et-search-form" action="https://seb-news.sanlam.co.za/consultant-toolkit/">
  <input type="search" class="et-search-field search-field" placeholder="Search …" value="" name="s" title="Search for:"><input type="submit" class="button search-button" value="search" name="" title="Search">
</form>

Text Content

 * Umbrella Fund
   * The Fund In Detail
     * Investment Info
     * Annual Trustee Report
     * Current Trustees’ Profiles
     * Product Specific Training
   * Brochures
     * Comprehensive Plus Flashfact
     * Appointment of an Investment Consultant
     * SUF Brochure
     * Guide for Contracted Benefit Consultants
     * Individual Membership
     * Member Services Capabilities
     * Out-of-Fund Annuity Option (Guaranteed Escalation Annuity)
   * Glacier
     * Technical Fact Sheet
     * Market Information
     * Link To Glacier’s Secure Login Page
   * Forms
     * Confirmation Of Acceptance
     * Amendment Process
     * Confirmation of Acceptance Amendment
     * Request To Amend Consulting Fees
 * Unity Fund
   * Unity Product Guide
   * Investment Info
   * Forms
     * Confirmation of Acceptance
     * Amendment Process
     * Amendment Request Document
     * Request to amend CBC/CFA information
     * Request to amend PE contact details
   * Current Trustees’ Profiles
   * Annual Trustee Report
 * Sanlam Easy Retirement Plan
   * Product Guide and Fund Brochure
   * Member Guide
   * Investment Info
   * Forms
     * Sanlam Easy Schedule of members
     * Amendment COA
     * Request to amend PE contact details
     * Request to amend CBC/CFA information
   * Annual Trustee Report
   * Current Trustee Profiles
 * Forms
   * New Business Forms
     * Sanlam Umbrella Fund Confirmation Of Acceptance
     * Sanlam Plus Preservation Fund Application Form
     * Sanlam Unity Umbrella Fund Confirmation Of Acceptance
     * Confirmation Of Acceptance Annexure 1 – Customised Member Choice
     * Confirmation of Acceptance Annexure 2 – Tailored Lifestage Default
       Investment Strategy
     * SUF Schedule of members
     * Regulation 37 Compliance Form
   * Amendment Docs
     * Amendment Process
     * Confirmation of Acceptance Amendment
     * Sanlam Umbrella Fund Request to Amend Consulting Fees
     * Request to amend CBC/CFA information
     * Request to amend PE contact details
     * Risk Addendum to COA Amendment
   * Quotation Docs
     * External Intermediary Quote Request
     * ROA and Quote Request for EB Advisers
     * SUF Schedule of members
 * Benchmark Symposium


Select Page
 * Umbrella Fund
   * The Fund In Detail
     * Investment Info
     * Annual Trustee Report
     * Current Trustees’ Profiles
     * Product Specific Training
   * Brochures
     * Comprehensive Plus Flashfact
     * Appointment of an Investment Consultant
     * SUF Brochure
     * Guide for Contracted Benefit Consultants
     * Individual Membership
     * Member Services Capabilities
     * Out-of-Fund Annuity Option (Guaranteed Escalation Annuity)
   * Glacier
     * Technical Fact Sheet
     * Market Information
     * Link To Glacier’s Secure Login Page
   * Forms
     * Confirmation Of Acceptance
     * Amendment Process
     * Confirmation of Acceptance Amendment
     * Request To Amend Consulting Fees
 * Unity Fund
   * Unity Product Guide
   * Investment Info
   * Forms
     * Confirmation of Acceptance
     * Amendment Process
     * Amendment Request Document
     * Request to amend CBC/CFA information
     * Request to amend PE contact details
   * Current Trustees’ Profiles
   * Annual Trustee Report
 * Sanlam Easy Retirement Plan
   * Product Guide and Fund Brochure
   * Member Guide
   * Investment Info
   * Forms
     * Sanlam Easy Schedule of members
     * Amendment COA
     * Request to amend PE contact details
     * Request to amend CBC/CFA information
   * Annual Trustee Report
   * Current Trustee Profiles
 * Forms
   * New Business Forms
     * Sanlam Umbrella Fund Confirmation Of Acceptance
     * Sanlam Plus Preservation Fund Application Form
     * Sanlam Unity Umbrella Fund Confirmation Of Acceptance
     * Confirmation Of Acceptance Annexure 1 – Customised Member Choice
     * Confirmation of Acceptance Annexure 2 – Tailored Lifestage Default
       Investment Strategy
     * SUF Schedule of members
     * Regulation 37 Compliance Form
   * Amendment Docs
     * Amendment Process
     * Confirmation of Acceptance Amendment
     * Sanlam Umbrella Fund Request to Amend Consulting Fees
     * Request to amend CBC/CFA information
     * Request to amend PE contact details
     * Risk Addendum to COA Amendment
   * Quotation Docs
     * External Intermediary Quote Request
     * ROA and Quote Request for EB Advisers
     * SUF Schedule of members
 * Benchmark Symposium



Fund Updates


NOMINATION OF BENEFICIARIES FOR FUNERAL BENEFITS

2 September 2022

As previously communicated, members must complete a Member Beneficiary
Nomination form in respect of their group funeral insurance benefit otherwise
the benefit will be paid into the member’s estate.

The Prudential Authority has provided clarification, where they confirmed that
the omission of such discretion from the definition of “beneficiary”, as
contained in Schedule 2 of the Insurance Act 18 of 2017 (“the Act”), was
deliberate in its statutory construct.

Given the intent of the funeral benefit is to contribute towards an employee’s
immediate funeral costs, neither the employer nor minor children should be
nominated as beneficiaries to avoid payment delays. It is important to note that
the Member Beneficiary Nomination form process applies to all unapproved funeral
benefits, irrespective of the Trustee-approved insurer. The insurers have
advised that going forward they will no longer pay out any Funeral benefits
without a nomination form. In cases where a Funeral nomination form is not
available, the benefit will form part of the estate and may not be available to
cover Funeral costs at the time of the funeral.


Print article Email article

CATEGORIES

 * Fund Updates
 * Industry Updates

RESOURCE LIBRARY

 * Legal Updates
 * Sanlam in the News
 * Protection of Personal Information (POPIA)
 * Contact Us

MARKETING MATERIALS

 * Capability Brochure
 * Converting Standalone Funds to Umbrella Funds
 * Sanlam Umbrella Fund in Summary
 * Unity Fund Summary
 * Questions When Selecting Umbrella Funds

MEMBER ENGAGEMENT

 * Helpful Member Information
 * Knowledge Base
 * SC Counselling Service Poster

CONNECT


© 2022 Sanlam is a licensed Financial Service Provider