Retirement Benefits Plans & Pension Schemes

What is a Pension Plan?

Pension Plan is a contributory scheme set up to help you save funds for your retirement.

The funds received from the contributions are invested as a cumulative pool in the various financial instruments on limits as regulated by RBA (Retirement Benefits Authority)

Participants:

The participants of the scheme are; Corporate clients (Employer & Employee), Transfer of schemes and Individual members.

Who can join the scheme?

Any person above the age of eighteen years who is either in full-time or part-time employment or holds a contract of service or carries out any trade, profession, or business whether solely or in partnership

Retirement Benefit Services Offered

Pension schemes

Provident fund schemes

Annuities

Personal pension plans

Important Note:

We engage with the best Issuers / Fund management institutions / Insurance company in the Industry to ensure you get the best-guaranteed rate of interest per annum.

Importance of Planning for Retirement

It is inevitable that as active as we may be today, there comes a time in life when we will retire. This is an important method for planning for retirement now while working, especially for those whose main source of income comes from a salary. Therefore, we will need an income in retirement without working

To cover living expenses e.g. food, medical expenses, children upbringing & education, housing, etc. when we lose our jobs during our working lives before retirement (in retrenchments, redundancy etc.) which are a reality in this day & age.

Leave a savings kitty behind for dependents should death occur

Less dependence on children upon retirement

When you contribute towards a retirement plan, you get Tax Benefits, now and in the future at withdrawal.

In case of ill health or disability, these retirement savings come in handy to take care of the bills and livelihood.