A Preserver Plan is an investment designed to keep your retirement savings invested if you're leaving your employer as a result of resignation, dismissal, or retrenchment, or if your pension or provident fund is wound up. With these plans you preserve your pension or provident fund savings from your previous employer until you retire. Our Preserver Plans give you more than conventional retirement solutions. You also get rewarded for taking proactive steps to manage your money and your health.
At a glance
Investment term
You choose your retirement date. Legislation allows you to retire from age 55.Minimum investment amounts
R5 000
R 5 000 lump sum
if you're under 30
R75 000
R 75 000 lump sum
if you're 30 or over
You can make extra contributions to your investment.Fees that apply
Discovery Invest fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Please contact your financial adviser for a detailed quote on fees.
Tax
The following applies to you:
Tax-free investment growth
Contributions can be deducted from your taxable income
Fact File
Read the relevant Fact File for details of:
How you can get boosts to your investments
How the fees work
What happens to your investment on your death
Contact your financial adviser for more information
Investment guarantees
No guarantee of investment performance