This is a financial plan designed to help the holder accumulate funds towards the provision of income while in retirement. Good for people who are self-employed traders, professionals, directors and persons with occupational pension schemes who wish to save more.
Benefits
- contributions are invested in a rapidly growing fund
- Annuity paid for the life or defined period depending on the terms of contract
- Tax free lump sum of accumulated fund at retirement.
- Optional life assurance benefit.
- Periodic individual statement of funds balance at no cost.
