Individual Pension Plan – This is a long term investment plan that allows you to build a sizeable retirement fund. Monthly contributions made throughout your working life are invested to grow exponentially with competitive interest rates.

Once the selected retirement age is attained, payments can be made, with a lumpsum of one-third and two-thirds paid as regular, monthly instalments for life.

Group Pension Plan – Group Schemes are normally offered in two options :

1. Group Pension/Provident Fund – This product is designed to enable employees to maintain their standards of living after retirement. Both employee and employer make monthly contributions which are invested into a fund. The employee is then paid an attractive benefit once retirement age has been reached.

2. Managed/Guaranteed Fund – This is a fund suitable for small to medium sized pension schemes, and NGOs. It is designed to consistently perform in the top quartile of retirement benefit funds, with an option having up to 15 percent of the portfolio invested offshore. The fund invests across equities, bonds and cash, allowing for withdrawals to be made at any time.