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.
Features of a preserver plan
Your investment growth is tax-free and can be deductible from your taxable income.
You cannot withdraw your savings until age 55, which means that you preserve your savings for retirement.
There are regulatory guidelines on where you can invest your retirement savings and no guarantee of performance.
There are fees that apply to your investment. Speak to your financial adviser for a detailed quote.
You can make extra contributions to your investment.
Stay invested to protect your savings with our Preserver Plan
Our Preserver Plans have minimum investment amounts, depending on your age.
Lump-sum investment
Age and minimum investment amount
If you are under 30:
R5,000
If you are over 30:
R75,000
We make healthy investment and lifestyle choices even more rewarding
Our Preserver Plans are designed to help you create financial independence in retirement by rewarding you with boosts and fee discounts for taking proactive steps to manage your money and health.
Enjoy a wide choice of funds to invest in
Your plan is a collection of funds. Once you have chosen your investment plan, you can decide which funds to invest your money into. Your decision should align with an investment strategy that you and your financial adviser agree on, and the investment goals you have.
We offer you access to a range of unit trust funds across various investment managers through a single-entry point. This means you can invest in our investment plans and choose investment funds that are managed by leading investment managers.
Educational content to help with decision making
Is saving for retirement a blip on your radar, or is it a worry that keeps you up at night? Either way, when you understand how relevant saving for retirement is, you'll be enabled to make the right decisions, and reap the peace of mind that it brings. Get to the bottom of retirement basics.