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R100 000 lump sum
R15 000 per additional contribution
You must remain invested until you are at least 55 years old.
You can move your preserved retirement savings to another preservation fund, retirement annuity or employer’s fund without any penalties.
You have total freedom to change your underlying investments. There is no charge to make a change, but depending on where you move your money to, initial investment charges may apply.
Access to the widest choice of investments:
Trustees will take into account your wishes and all your dependants’ needs when you die to decide who receives this benefit.
If you are permanently disabled before you retire, your benefit is paid out to you in the same way as if you had reached retirement (aged 55).
Fees vary per product and your underlying investment. Please speak to your financial planner to make sure you understand which fees you pay and why.
It is important to bear in mind that any investment has some risk. We therefore recommend that you consult a financial planner who can help you find the most appropriate products for your needs and circumstances.