What is a Provident Fund

In a Provident fund contributions made by the company (and you) are defined and the retirement value depends on the growth. At retirement you may draw the full value as a lump sum. This clip explains the basic concept behind provident funds.

1:10minute video

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What is a Defined Benefit Pension Fund

The name “DEFINED BENEFIT Pension Fund” refers to the fact that the pension benefit during retirement is defined. This video explains the basic concept behind how these funds work

1:28minute video

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What is a Retirement Annuity

Some people have said that a Retirement Annuity (RA) is a "Personal, Portable, Pension Plan. This clip explains the basic concept behind how Retirement Annuities work

1:06minute video

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Pesion fund / Provident Fund / Retirement Annuity Contributions & Tax

When you contribute to retirement fund you get tax breaks which reduce your income tax. In this video blog Paul Leonard CFP® explains how this works using easy to understand language and illustrations.

1:37minute video

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What is a Defined Contribution Fund

With a DEFINED CONTRIBUTION Pension Fund the contributions are defined while the benefit at the end is not. In other words the member carries the investment risk. This clip explains the concept behind these funds.

1:07minute video

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