Sanlam Personal Portfolios (SPP), the linked product company, will be adding a number of contractual products, including equity-linked retirement annuities, preservation funds and life annuities, for both recurring and single premium investors, to its range from March.
SPP is also making available two funds which until now have only been offered internally to Sanlam life and pension clients - the Sanlam 400+ and 500+ portfolios.
The company has so far catered only for single premium investors at retirement, to whom it offers the full range of unit trusts available locally as well as 40 offshore funds managed by teams such as Mercury Asset Management, Alliance Capital, Templeton and Sanlam's own Dublin-based fund.
It also offers a number of money market unit trusts - so far offered by only one other linked product company - and a guaranteed investment vehicle.
Cobus du Plessis, the head of marketing of Sanlam Personal Portfolios, says the company is focusing on improving the tools it provides for financial advisers. It has updated its Risk Analyser and Fund Selector programmes which enable advisers to create portfolios of unit trusts to suit different clients' risk profiles, and has also added an advisory service with an extensive database that will assist advisers selecting qnd switching between unit trusts.