The annual Sanlam Benchmark™ Survey is one of the most referenced research papers in the retirement fund industry. Our main objective for the research is to provide insights which stimulate conversation, create meaningful opportunities for further engagement with industry stakeholders and ultimately help effect a positive financial outcome in retirement for South Africans.
The impact of COVID-19 has dramatically altered the state of our nation and shifted the landscape of employee benefits. Decision-makers require objective research-based insights to make sense of the present and to navigate retirement fund members and employees through a rising tide of financial uncertainty. Since 1981, the Sanlam Benchmark research has provided such insights to South Africa’s retirement funding community with a view to empowering stakeholders with data to guide decisions. At Sanlam we are taking the lead in responding to changing market forces by engaging stakeholders in the retirement fund industry. This special edition of the Sanlam Benchmark reflects on how corporates and retirement funds are coping with the impact of COVID-19 and their ability to remain financially resilient in a tough economic environment.
The insights gained from the research will be shared at the virtual Sanlam Benchmark Webinar on 8 July from 10h30 to 12h00.
The much-publicised Fourth Industrial Revolution (4IR), artificial intelligence (AI) and data science have led to Sanlam’s extensive research and investment in our data analytics capability.
This year, the Sanlam Benchmark research has shifted its focus to unpacking secondary data sources of existing research and interrogating existing employer and member data. The objective of this approach is to gain a deeper understanding of financial decisions taken by corporates and members in order to remain financially resilient in uncertain economic conditions.
Our research team is extensively reviewing existing data to identify any additional insights which will be published during the course of the year.