Solutions for retirement
The GWU’s voluntary personal pension and occupational retirement pension schemes with APS Bank will be launched on April 26. Photo: Shutterstock.com
Pensions reform since 2004 saw the government incentivising voluntary private pensions so that persons could plan and save to improve their well-being during retirement. The voluntary personal private pension was finally introduced in 2015 while the voluntary occupational retirement pension was introduced in 2017. A person saving in a voluntary personal pension receives a 25%...