About New Pension Scheme

This is continuation with my last post regarding the new pension scheme...

ACTIVE CHOICE


Under the Active Choice, you can make a decision on how your money will be invested. There are basically three choices and how each choice you make invests your money is explained below.



AUTO CHOICE


Also known as the Life Cycle Choice fund, basically for people who do not want to be make the decision on how the money is invested and would rather let a system handle the same. Under this Choice it basically divides your investment under the three asset classes shown above based on your age bracket. The details are shown below….



Charges for investment are detailed below….




So go ahead and make and save for your retirement.


Related Posts


Explaining the New Pension Scheme


Defining Salary Structure - Part 1

Defining Salary Structure - Part 2

Defining Salary Structure - Last Part

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