
PROTECTION
Enjoy the comfort of certainty with guaranteed outcomes
You could be in the process of leaving the service of an employer to move to another that, perhaps, does not offer a provident fund. What you really do not want to do is squander your hard-earned savings.
Resist the temptation to cash out your retirement fund and use Absa’s Retirement Preservation Funds to keep growing your savings.
Why preserve your retirement savings?
The reality is that you or your family will need the money. Statistics show that over 70% of employees do not preserve their retirement savings when changing jobs. Often the short-term goal of using those savings is to get out of debt although that is seldom the outcome achieved. This further compounds problems for the individual when traditional retirement age beckons.
What can it do for me?
Should you be in the process of leaving your employer, the Absa Pension Preservation Fund and the Absa Provident Preservation Fund offer you the opportunity to preserve and grow your existing retirement benefits. In short – our funds help to protect individuals from making really bad investment decisions.
Investment options
Absa funds offer flexibility in terms of portfolio adjustments and transparency related to fees, investment terms and underlying investment holdings.
Preservation funds
Suited to investors who are in the process of leaving their employer and preserve their retirement capital.