Product Overview
The Prime Approved Retirement Scheme is a personalized pension plan for individuals seeking the most effective way to save for their retirement.
Product Details
Target Groups
- Age range: 18 and over
- Gender: No restriction to gender
- Characteristics:
- Self-employed persons.
- Employed persons who are not members of a pension plan or not actively contributing to a pension plan.
- Contract Employees
Features
- Minimum contribution of 5% of gross salary/income
- Maximum contribution of 20% of gross salary/income
- 4 Investment portfolios to suit your age, risk appetite, and individual circumstances:
- The Prime Accumulator
- The Prime Accelerator
- The Prime Advantage
- The Prime Super
- Quarterly Performance Reviews
- Free portfolio switch once per year
Selling Points
- Tax-free savings
- Tax-free gains with no time limits
- Flexible contribution frequency
- Contribute a voluntary portion of your income
- No hidden fees
- Continuous member education and communication