SBI Pension Funds’ Post

Curious about how and where your #NPS contributions are invested? Let's dive in. The National Pension System (NPS) is a powerful investment tool designed exclusively for Indian citizens to secure their #retirement. By keeping investments intact until retirement, NPS ensures that funds are not diverted to shorter-term goals. For more details, visit our YouTube channel: https://lnkd.in/d_bpU4ru #InvestWiselyRetireHappily #NPSZaruriHai #NPSPensionForAll #India #pension #pensions #future #empowerment #financialplanning #retirementplanning #retirementplan #markets #taxsaving #lowcost Pension Fund Regulatory and Development Authority

Approaching retirement can be a bittersweet experience. 🎭 🏢 Workplace pensions that have been left to evolve over time with no proper management rarely suit your needs. So, what are the key factors to consider before moving your pension to another provider? 💰 Here's 5 things to consider: 1️⃣ “Retirement Benefits – How can I access my pension funds at retirement?" 2️⃣ “Investment Choices – What funds can I invest into?" 3️⃣ “Fees & Charges – Will the new pension be more expensive than my existing one?" 4️⃣ “Death Benefits – Can my loved ones access my pension funds upon my death?" 5️⃣ “Pension Guarantees – What benefits could I lose on transfer?" Have you considered these? What did we miss? Let us know in the comments below. ⬇️⬇️⬇️ #retirement #pensions #financialplanning

On 18 September 2024, the Minister for Finance announced a number of changes to the Standard Fund Threshold (SFT). The SFT is a limit on the amount of pension benefits an individual can accrue from Irish pension arrangements. One of the important changes announced is an annual €200k increase in the SFT limit between 2026 and 2029. Read our update to learn more about the other #SFT changes announced by the Minister and why they will require careful retirement planning for impacted individuals. https://bit.ly/3XQNozy #pensions #retirement #standardfundthreshold #financialplanning Mercer Ireland

Pensions in the UAE. While traditional plans are limitedhere , consider your own long-term savings strategy for that golden retirement. The potential benefits in the long run are undeniable. 📈 It's all about taking proactive steps for a financially secure future. 💼💰 #pensions #moneytips #financialtips #uaeinvestment #retirementplans #Dubairetirement #financialtips

Whitepaper download ⬇https://lnkd.in/g6nEXUgf Delivering a sustainable income that lasts throughout later life is one of the most important functions of retirement savings. Yet GBST's report finds that a significant number of people are still struggling with saving enough during their working lives and managing their funds once they retire.     With rising life expectancies and an ageing population, the retirement income challenge is not going away. #Retirement #Pensions #Superannuation #Finance #Technology #whitepaper

Is your pension worth over £1M? Then you need to speak to Daniel Barnes BA (Hons) APFS for a free chat about the best actions to take. As an IFA he can help you right now… If Labour reintroduces the pension lifetime allowance, it could significantly impact those near or over the previously abolished limit. Expect potential hefty tax charges on pension savings above the threshold, which might affect retirement plans and savings strategies for higher earners. This doesn’t apply to me but I thought it news worth sharing with any of you it may affect. It’s never too late to plan! 📉💼 #Pensions #RetirementPlanning #UKPolitics #LabourParty

Hoping to retire some day? What do you need to KNOW in order to make that happen? What do you need to DO in order to make that happen? Do you have a pension? or are you creating your own pension? Our next educational seminar is Pensions and Retirement. DM me for details and registration information. Space is limited! #pensions #pensionsandretirement #retirement #financialliteracy #FinancialCheckUp #financialeducation #startnow #changeyourfuture #retirementgoals #financialgoals #retirementsavings #freedom #moneytalk

Just in! The 2024 #Milliman Corporate Pension Funding Study is out, marking 24 years of analyzing the top 100 U.S. public companies' DB pension plans. Key 2023 findings include a slight dip in funded percentage to 98.5%, a rise in pension deficit to $19.9 billion, and an average investment return of 7.2%. Get the complete #MillimanPFS2024 report here. https://ow.ly/sUYq30sBUjx #pensions #definedbenefit #retirement #employeebenefits

The Chamber Pension Plan has released the Net Asset Values (NAVs) as of July 31, 2024, for its various funds, reflecting the performance over the past year. These figures demonstrate the Chamber Pension Plan's commitment to delivering robust returns across its range of funds, catering to the diverse financial goals of its members. https://drp.li/8OlDT #financialplanning #retirement #pension #retirementgoals #caymanislands #caymanpensions

Recent research has shown that the average amount the UK public believes they need for retirement is £900,000. But do you really need that much? The amount you need depends on the lifestyle you want to maintain. For instance, with a pension pot of £500,000 and a 5.85% annual return, you could theoretically live off £30,000 in interest each year without depleting your initial pot & be able to pass it on to your beneficiary’s. As always.. each persons priorities, circumstances & situation are different, there’s no one size fits all. If you have questions about your pension, or simply don't know where it is or how much you should save, drop me a message. #Pensions #Retirement #RetirementPlanning