A Personal Pension is a long-term investment that aims to help you build up a pot of money that you can use for your retirement.

Benefits

• Allows you to save funds towards retirement
• Investment income of the scheme is exempted from corporation tax.
• Upon the death of a member of a registered scheme, the dependents qualify as a group for tax-exemption.
• The schemes will be run under the RBA act which gives security of the fund and also continuous benefits which the Government may give to schemes from time to time.
• Single lump sum contribution is allowed