In your pension plan, money is put aside for when you retire. This accrued amount (or pension capital) can then be used to buy a pension with an insurer when you retire. A relatively large amount of capital is needed to make sure you receive a sufficient pension. To reach this amount of capital you will most likely have to invest since relying on interest alone won’t give you enough return. Investing is therefore necessary for a good pension.
LifeSight ensures adequate accrual of pension capital. We offer two investment options: Smart Investing (NextGenDC™) or Self-Investing (opting out). Under the Smart Investing option, pension is accrued through investments in three LifeSight PPI funds, which have been specially developed by LifeSight. Self-Investing (opting out) offers freedom of choice in terms of investment mix and investment funds in which the pension capital is accrued and invested.
Under the smart investment option, pension is accrued through investments in three LifeSight PPI funds, which have been specially developed by LifeSight.
Self-Investing (opting out) offers freedom of choice in terms of investment mix and investment funds in which the pension capital is accrued and invested. At present there is a choice of 17 investment funds that include the following investments:
