Features
| Benefits
|
| Award Winning Technology | Based on Friends Provident's award winning New Generation Pension platform. Employers have access to a special secure website via which they can administer all aspects of their scheme - this includes (but is not limited to) adding new scheme members, allocating contributions to member accounts, switching funds and redirecting future contributions, checking contribution history and preparing illustrations for prospective scheme members. |
| Massive fund choice | More than 120 top class funds, from some of the world's most highly rated fund managers. The funds available cover the whole investment spectrum including Global and Single Market Equities, Global Emerging Markets, Deposit Funds, Hedge Funds - Commodity Funds such as Global Energy and Precious Metals - and a range of Sharia'h compliant funds. |
| Lifestyle Investment Options | Available as an overlay for any fund or combination of funds. These options are available on a three-, five- and ten-year basis and are designed to offer a degree of protection to a member's accumulated savings. Units are progressively switched to safer funds as members approach maturity age. |
| Choice of Currency | Schemes can be denominated in UAE dirham, US dollar, euro, or sterling |
| Unlimited Free Switching | All switches completed online via the scheme membersite are free of charge |
| Low Average Contribution | Average scheme member contributions of just USD200 per month |
| Access to Capital | If scheme rules permit, members can access their savings and make a partial withdrawal (min USD1000). A minimum value of USD6000 must remain in their account |
| No Additional Mirror Fund Charge | The fund AMC is included in the fund price - no additional mirror fund charges apply |
| Award Winning Customer Service | Customer Service will be provided by Friends Provident's award winning Customer Service team. |