Transcription of Conversions to Cumulus Echo retirement plan - …
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Conversions to Cumulus Echo retirement plan - …
If you have an existing sanlam Life retirement Annuity (RA) plan (universal life or legacy, Stratus, Cumulus , Cobalt for Professionals or Topaz), It may now be possible to convert to Cumulus Echo, sanlam Life s latest retirement plan which provides exceptional value for money. Such a conversion is the best way to add extra flexibility and choice to your retirement plan and is much more effective and cheaper than a transfer of your benefits to another retirement annuity fund. A unique set of Echo Bonus percentages is calculated for each converted plan. These percentages ensure that you are at the same or even better position at your original planned retirement date, assuming the same average asset management charge, provided you continue to contribute until retirement . Any recurring contribution increases and ad hoc one-off payments on the converted plan will be treated as a new Cumulus Echo RA plan. Please consult your financial advisor to see if your retirement Annuity plan can be converted.
If you have an existing Sanlam Life Retirement Annuity (RA) plan (universal life or legacy, Stratus, Cumulus, Cobalt for Professionals or Topaz), It may now be possible to convert to Cumulus Echo, Sanlam Life’s latest retirement
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