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What is Wiz@rd Select?
What is Wiz@rd Universal?
What is Wiz@rd-Online?
Link to Wiz@rd-Online demonstration
Link to Wiz@rd-Online application
Introduction
The retirement fund industry has changed dramatically over the last few years. One of the most significant changes was the shift from defined benefit to defined contribution funds. This trend resulted in the following changes:
- The risk of adequate retirement provision shifted from the employer to the employee.
- The decision-making process moved from employer level to member level in many instances.
- A need for greater flexibility and customisation on member level.
- Greater complexity and increased reliance on cutting edge technology and automated processes to ensure cost-effective, quality service.
Another significant change is that regulatory bodies have turned the spotlight on the industry, and trustees and employers are confronted with increasingly complex legislation reinforced by adjudicator rulings.
Bearing these challenges and changes in mind, Sanlam developed a flexible retirement fund administration platform that offers funds various innovative solutions. Sanlam is proud to introduce you to the following two solutions, namely Wiz@rd Select and Wiz@rd Universal. |
