More insights into micro-pension scheme

by | February 28, 2018 12:27 am

A micro-pension plan has a distinct accumulation phase as well as a pay-out phase. During the accumulation phase, a member contributes towards accumulating balances. The value of such accumulation depends on the amount of contributions less pre-retirement withdrawals plus returns (net of investment management expenses) obtained from the investment of funds. It is usual for…

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