Pension Fund Management involves the professional administration and investment of assets set aside to provide retirement income for members. It balances the twin objectives of capital preservation and long-term growth, ensuring that contributions made over a working life generate sufficient returns to meet future pension obligations.
Effective management requires strategic asset allocation, rigorous risk control, and ongoing performance monitoring, guided by actuarial assumptions and regulatory standards. Ultimately, strong pension fund management safeguards members’ financial security in retirement while maintaining transparency, accountability, and prudent stewardship of assets.
Features
Retirement Savings Vehicle: Designed to help individuals accumulate savings to provide a pension at retirement.
Eligibility: Open to both self-employed persons and employed individuals.
Participation: Individuals may not contribute to more than one pension scheme at the same time.
Flexible Contributions: Self-employed individuals can choose to contribute at any time during the year, with at least one contribution annually.
Transparent Fee Structure: All fees and expenses are charged to the plan, not directly to the member’s account, ensuring clear and predictable costs.
Professional Management: Assets are managed by licensed professionals under the supervision of the Financial Services Commission (FSC) to ensure compliance and prudence.
Details
Fixed-rate of return
Tax-free savings
Tax-free Lumpsum at retirement
Death Benefit
Disability Benefit
Benefits
Pay less in taxes as the contributions are deducted from emoluments before income tax is applied, so are the benefits the member will receive from the plan.
Funds can be transferred from another fund/scheme to the Mayberry Scheme free of tax.
Mayberry Investments Limited Asset Management Department offers the client both pre-and post-retirement planning service, which includes financial planning and investment advice.
Why Mayberry Pension Fund Management
Frequently asked questions
What is the minimum investment amount?
There is no minimum investment amount for Mayberry's existing clients, but new clients must invest at least 1M JMD.
How are fees charged?
Management fees are charged annually on the value of the portfolio.
Can I switch between managed portfolios?
Yes
Investment Strategy
How are managed portfolios customized?
Your portfolio's asset allocation (stocks, bonds, cash, etc.) will be tailored to your risk tolerance and investment goals (retirement, education, etc.).
How often are managed portfolios reviewed?
Managed portfolios are reviewed at regular stipulated intervals to ensure alignment with your goals and market conditions.
Can I make changes to my managed portfolio?
While the manager makes day-to-day decisions, you can adjust your investment strategy or risk tolerance.
