Pension Plan Options

Can I retire and have my pension whenever I want to?
Yes – the best way to do this is to think about when you want to retire and pick a pension plan duration that fits with your plans for retirement.   It’s ...
Wed, 2 Sep, 2020 at 8:29 PM
Do I have to retire at a certain age?
No – you can pick any age you like and choose a pension plan duration to match, or you can retire earlier or later than your original plan if your personal ...
Wed, 2 Sep, 2020 at 8:30 PM
What is the difference between the S&P500 and the MSCI EAFE Index?
Both are similar, yet have some key differences. The S&P500 Index tracks the performance of the top 500 largest companies which are listed on one of the...
Wed, 2 Sep, 2020 at 8:47 PM
Which duration should I choose?
The best duration to choose is the duration which best fits with your personal goals and circumstances. Start with when you want to retire, and also conside...
Wed, 2 Sep, 2020 at 8:48 PM
Are there any loyalty bonuses?
Yes – on the 15-year and 20-year durations, as long as all contributions have been paid as per the plan. These are as follows:   7.5% of the total amount ...
Wed, 2 Sep, 2020 at 8:51 PM
Can I choose what my pension is invested into?
No, not for the duration of the pension plan. It will be 100% invested into the iShares S&P500 Index ETF. At the end of your chosen duration, you will b...
Wed, 2 Sep, 2020 at 8:53 PM
Do I get a lump-sum payment or a regular income from this pension plan in future?
You get the choice – or a combination of the two. At the end of your chosen duration, the full value of the pension can be sent to any bank account in your ...
Wed, 2 Sep, 2020 at 8:53 PM
How does the guaranteed minimum value work?
Investors Trust enters into futures contracts with a consortium of international banks to provide an option to trade units in the iShares S&P500 Index E...
Wed, 2 Sep, 2020 at 8:54 PM
How is this product different from other savings plans?
The major difference is the guaranteed minimum return, which uses the mechanisms more commonly used by private banks to fix a minimum future value, and thro...
Wed, 2 Sep, 2020 at 8:56 PM
What happens at the end of the pension plan?
When you reach the end of your chosen duration, your pension plan is complete and you have the choice of what to do with the assets you have accumulated. Th...
Wed, 2 Sep, 2020 at 9:05 PM