Trustee financial education programme The Sanlam Foundation’s trustee training programme is designed to strengthen the financial decision‑making capabilities of trustees and shop stewards who carry significant fiduciary responsibilities on behalf of their members. Across many labour unions, trustees are required to navigate complex governance frameworks, manage retirement fund decisions and ensure that member benefits are administered ethically and transparently. In 2025, the Foundation delivered 30 interactive workshops across multiple regions (2024: 15). These sessions were well‑attended, surpassing the target of 700 and reaching 802 beneficiaries drawn from key labour unions, including the National Union of Mineworkers (NUM) and the South African Transport and Allied Workers Union (Satawu). Training content focused on the areas trustees most frequently identify as challenging: retirement fund governance, administration of death benefits and personal financial management. These topics are central to trustees’ day‑to‑day roles and support their ability to make sound, informed decisions that directly affect workers’ financial futures. In 2025, specific topics of focus included the Two‑Pot Retirement System, Section 37C Death Benefits, Personal Financial Management and Cybersecurity. Pre‑ and post‑assessments showed meaningful knowledge and confidence gains, with 83% of beneficiaries reporting enhanced confidence and practical understanding of their fiduciary duties. WageWise The WageWise programme, also in partnership with the ASISA Foundation, forms part of the Sanlam Foundation’s commitment to advancing financial inclusion among working adults across South Africa. WageWise is designed to equip individuals with the practical financial knowledge and behavioural skills they need to manage their money confidently, from budgeting and saving to debt management, responsible credit use, and planning for long‑term financial wellbeing. The programme has a wide reach, leveraging ASISA’s specialist expertise in consumer financial education and its established networks across all nine provinces. This collaboration ensures that WageWise remains accessible, credible and responsive to the financial realities of lower‑ to middle‑income earners. In 2025, the programme reached 27 732 beneficiaries (against a target of 25 722), delivering practical, high‑impact sessions that participants consistently describe as relevant, transformative and directly applicable to both their personal and professional lives. Positive feedback highlights the programme’s role in helping individuals improve their financial habits, strengthen resilience, and make informed decisions that support long‑term stability and dignity. WageWise is developing a new website to further enhance user experience and engagement. “The session was not only insightful but also highly practical, equipping our staff with valuable knowledge and skills to better manage their personal and professional finances. Your facilitators demonstrated exceptional expertise and professionalism, making the training both engaging and impactful. We believe that the lessons learned will greatly contribute to improved financial decision-making and long-term financial wellbeing of our employees. Thank you once again for your support and commitment to empowering communities through financial literacy. We look forward to future collaborations with WageWise.” CEO, Matangari Home of Relief Centre Vhembe District, Limpopo “I would like to extend my sincere thanks for the insightful and engaging financial workshop you conducted. It was not only well-structured for young professionals in our department but also incredibly informative. The session was practical and your expertise and clarity on topics was valuable. Thank you for your time and effort.” Employee Health and Wellness Department of Economic Development Johannesburg WageWise programme reach Workshops held Beneficiaries 2025 736 25 732 2024 858 26 770 Beneficiaries reached through interactive workshops 2025 954 2024 584 Financial inclusion continued Financial inclusion continued Consumer financial education continued Sanlam Foundation Annual Report 2025 16 About this report Sanlam Foundation social impact 2025 Message from the Group Executive: Corporate Affairs and Sustainability Message from the Head of the Sanlam Foundation Strategic aspirations Our theory of change Programmatic performance Monitoring and evaluation Income and expense report Group-wide social impact intent Our partners
RkJQdWJsaXNoZXIy MTAwNDEy