A Personal Pension Plan is a retirements savings product. The plan enables a person to build a retirement fund by making periodic contributions into an interest-bearing fund. The Group Personal Pension fund is made for businesses and accommodates several employees under one employer who decide to contribute different amounts every month.
Why get the Group Personal Pension Plan?
- This plan is attractive to potential employees because in such arrangements the employer facilitates deduction of contribution and remittance of pension contribution for investment and record keeping.
- Jubilee Life Insurance Limited issues membership certificate to each member of the plan.
- It’s simple to get started, an employer can start contribution to the plan upon board resolution, consultation and agreement with the employees.
Guaranteed capital and investment income
Guaranteed investment rate of 4%
No set up fee