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Provident Fund
A provident fund or retirement plan is a plan that can be offered by employers to employees in Cyprus for the creation of capital for retirement purposes. Employers can chose the percentage of contribution and employees decide the investment risk they want to take. The company undertakes the Investment Management of the plan and ensures that the portfolios are adequately distributed across all asset classes and geographical areas.
Benefits:
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Investment Management by experienced professionals
Ability to select various investment funds based on the risk profile of the insured
Tax Allowance
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Loss of Life coverage (Optional)
Distribution of Investment across asset classes and geographical areas
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Digital Portal for account management and monitoring of funds
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