Umbrella schemes allow multiple, unrelated employers to participate in a single pension scheme. They are popular among organisations due to their cost-effective and “hands free” nature.
We offer a flexible arrangement that employers utilize to realize a retirement saving objective for their employees. The scheme has the unique benefit of easing compliance and scheme set up cost costs as it is already registered with RBA and KRA.
Additionally the burden of scheme administration is borne by us. Jubilee Insurance is the sponsor and is responsible for the overall management of the scheme. This makes this scheme advantageous as compared to the occupational scheme since less procedures and paperwork are required
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