There are various expenses or charges levied on a group superannuation plan, which need to be paid. Have a look at some of the expenses/charges applicable in the plan – Fund Management Charges – These are those charges which are deducted from the policy account at the end of each quarter or at the time […]
Articles Tagged: Group Superannuation plan
Benefits of Group Superannuation Plan
Ironically today, when there are higher chances of outliving our savings, very few employees, are taking out enough time to plan their retirement. The majority of them are not even inclined to save for retirement regularly. Employees are a valuable asset to any company, and as an employer, you can retain staff for longer by […]
8 Rules of Group Superannuation Policies all employees should be aware of
Most employees keep on planning and restructuring their savings to reap its benefits after retirement, but they are not aware of a benefit that they are automatically eligible to if they are working in a company for at least more than a year. Yes! The employer offers the group superannuation policy or superannuation scheme as […]