Pension plans are a type of investment that offers both insurance and savings benefits. By investing a certain amount regularly into a pension plan, you can accumulate a significant sum over time. This will ensure a steady flow of income once you retire. Investing in a pension plan is a wise financial decision for anyone who wants to secure their financial future in retirement. However, it is important to choose a plan that is right for you and your individual needs.

A pension plan ensures -

  • Guaranteed and regular income
  • Liquidity
  • Accumulation -periodic or lumpsum
  • Protects against inflation
  • Secures future