Akiba Plus
Umbrella Pension
What is an Akiba Plus Umbrella Pension Plan ?
The Umbrella Pension Plan is a pooled retirement savings solution that provides a practical solution for organizations that are too small to set up and efficiently operate their own occupational retirement benefits scheme. It simplifies the administration and governance of retirement schemes for employers by centralizing key duties, allowing them to focus on their core business operations.
Key Features and Benefits
Simplified Administration: SanlamAllianz handles the complex administrative tasks, governance, trusteeship, and investment management, significantly reducing the administrative burden for individual employers.
Guaranteed Returns: Contributions are invested in the Sanlam Guaranteed Fund with a minimum 5%* p.a. return, among the highest in the market. This ensures 100% capital protection of contributions and interest, giving members peace of mind.
Ease of Setup & Monitoring Convenience: Though Akiba Plus our umbrella plan is simple to set up and easy to track, giving employers and employees full visibility of contributions at every stage.