Home / Financial Services/ AIA promotes Smart Pensions

AIA promotes Smart Pensions


Comments / {{hitsCtrl.values.hits}} Views / Thursday, 8 March 2018 00:07


AIA Insurance has launched a Smart Pensions, a comprehensive pensions solution packed with features that help your plan for retirement in a smart manner. 

AIA said in retirement planning, it is always smarter to start saving early. The earlier you start saving, the more time you give yourself to build a healthy retirement fund. AIA Smart Pensions recognises this and rewards timely planning with the unique feature of Loyalty Additions, which can be as much as 1,750% of your annual basic premium. 

If you start early and save longer you will get higher benefits- for example, if you start early and save for 20 years, the Loyalty Addition is 1,225% whereas it is 825% for the savings period of 15 years (for annual mode premiums). 

The other important aspect of retirement planning is how you receive your monthly income after retirement. With AIA Smart Pensions, you can decide on the period for which you’d like to receive a monthly income after retirement and this can be up until you’re 100 years old! So you know you’ll have an income to depend on as you get older. 

Another smart and unique feature of AIA Smart Pensions is that it helps you manage inflationary effects during the pension payout phase. It allows for this by ensuring a growing monthly pension for you in retirement so you can combat the inevitable inflation that takes place. This happens with the ‘Pension Booster’ feature, which pays out an additional 30% on top of the declared dividend on your pension fund, during your chosen monthly pension payout period. 

And of course you want to ensure your family is well looked after if and when you are no longer around. Smart Pensions lets you do just that with a life insurance that will allow them to be financially secure. And should you pass away prematurely, AIA will continue to make premium payments on your behalf so that the family will continue to get the monthly pension just as you had planned for them. 

All this and more is what makes AIA Smart Pensions the smart solution to all your retirement planning needs. Start planning now, so you can continue life as you love it.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Craving a world with free migration of Homo sapiens

Monday, 18 June 2018

During the discussion time following the presentation of a paper by former diplomat Tamara Kunanayakam on the invasion of Sri Lanka’s economic policymaking by neoliberal economic thinkers two weeks ago, Colombo University’s economics don Lalithas


Sigmoid Curve and Sri Lanka: Significant signals

Monday, 18 June 2018

Sri Lanka, often named as the ‘Wonder of Asia,’ has many citizens wondering what is going on.


Refuse and recuse in Cloud-Cuckoo-Land

Friday, 15 June 2018

I had a dream. That there were monsters ruling the land in the disguise of being military champions. But then some knights in slightly tarnished armour rode to the nation’s defence and liberated us from our saviours. And all was well again. At leas


Floods, drought and disasters

Thursday, 14 June 2018

The Yahapalana Government has been singularly unfortunate in having to face many natural and manmade disasters during their regime.Almost every year many citizens have to undergo the consequences of floods in certain parts of the country whereas ther


Columnists More