Name of the Organization : Absa Bank
Type of Facility : Retirement Planning Scheme
Head Office : Johannesburg
Website : https://www.absa.co.za/personal/save-invest/saving-for-retirement/explore/
Retirement Planning :
** Many retirees in South Africa don’t have enough saved to keep up their standard of living when they retire.
Related : Absa Bank Send And Receive Money Via Western Union,SWIFT & Bank Draft : www.southafricain.com/3585.html
** There are many factors that affect this, including the fact that many people start saving too late, or don’t continue to bolster their investments once they retire.
** Choosing the right saving and investing products will help you maintain your lifestyle as you retire.
** Absa Insurance and Financial Advisers can help you prepare an appropriate plan to start making the financial investment decisions that will ensure you can meet your future financial needs.
What are the advantages :
** Preparing in advance and contributing sufficiently towards your pension is vital to a secure financial future after you retire
** The earlier you begin planning your retirement, the better your expected returns and financial position will be when you retire
** Make informed decisions about your current positions and future financial options
** Planning in advance lets you take advantage of opportunities that can help you maximise your returns, such as tax benefits and employee schemes
** Highly structured approach to your retirement needs and formulation of a personalised plan Absa
Retirement Annuity Fund: Core Portfolio (the Core Retirement Annuity):
** The Core Retirement Annuity is a uniquely designed low-cost retirement annuity consisting of exchange traded funds.
** The Core Portfolio automatically reduces your exposure to risky assets as you near retirement as it is based on the so-called life-stage investment philosophy.
Application is online, offering you flexibility to :
** Manage your debit orders
** Review/Change your expected retirement age
** View statements online
** For more details, please visit our dedicated exchange traded products website etf.absacapital.com
Transfer your existing retirement savings :
** To transfer your existing retirement savings to the Absa Retirement Annuity, download the following form , complete the transfer sections
Send it to :
Email address: aimscc AT absa.co.za
Fax Number: 0861 339 265
Contact Address :
7th Floor
Barclays Towers West
15 Troye Street
Johannesburg
21001