SEB Symposuim

For the past 28 years, Sanlam Employee Benefits have hosted an annual employee benefits symposia focussing on topical issues such as industry trends, legislation, risk and retirement benefits.  These topics are based on research results from the annual SEB employee benefits survey that serves as an essential tool for all stakeholders in the management of retirement funds and constitutes an authentic South African benchmark for all funds in their benefit provision. The findings are presented nationally and in the context of the industry’s long-term performance, and distilled into insights about pertinent issues affecting the employee benefits industry in the future. These findings are valued by a broad range of industry stakeholders in their decision-making process, as well as policymakers. The National Treasury (www.treasury.gov.za) is an ardent user of this data and it was used extensively in the development and scoping of the current social security and retirement reform programme.

In turn, the Symposia feed our internal Sanlam processes, helping us develop new services and products. Given Sanlam’s relative size and role in the industry, in particular the Employee Benefits component which is integral to the reform, we need to take a proactive and leadership role in strengthening the country’s retirement provisions. It is imperative that we consider the longer term implications of our engagement with policyholders as well as the policy makers at all times. This requires always thinking ahead and assuming the role of the consumer, thereby ensuring that we generate the most appropriate solutions.

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