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Pensions Questions

[rt_accordion_style radiant_accordionstyle=”five”][rt_accordion_style_item radiant_accordiontitle=”What is a pension?”]

A pension is a stream of income that is paid usually when one attains retirement, but it can also be paid to a child till they are no longer children. Widows and widowers may also receive a pension on a death of a spouse

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What is a Pension scheme?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Are their different types of pension scheme design?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Why contribute to a pension scheme?”]

Viewing one’s life from a life perspective you see that one’s saving opportunities are at peak when in employment, therefore part of the excess income (surplus over consumption of members’ household) is deferred or postponed to retirement through a pension scheme. Pensionable employment also provides for job security as it gives you certainty that you have a job over a long period in excess of 20 years.

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”How does a pension scheme work?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Who manages the pension scheme?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Who is a Trustee?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Who is the Fund Manager?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Who is a Fund Administrator?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Where are pension funds invested?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Can one use pension benefits as collateral?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”How secure are pension investments?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Can someone below 18 years be a member of a pension scheme”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”How do I know if my parents are in pensionable employment?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What jobs are in the pension industry?”]

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Insurance Questions

[rt_accordion_style radiant_accordionstyle=”five”][rt_accordion_style_item radiant_accordiontitle=”Who can buy a life insurance policy?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What benefits do I receive from buying a life insurance policy?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Can a person insure another person’s life?”]

You can insure the lives of persons whose death may cause you some financial loss.

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What other type of insurance can I get?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What policies can I buy under general insurance?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Is motor vehicle insurance compulsory?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Do I have to report an accident to the police before I can claim compensation from my insurance company?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What report do I need to make a claim for a vehicle accident?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”What are the advantages of using a broker or an agent to purchase insurance?”]

[/rt_accordion_style_item][rt_accordion_style_item radiant_accordiontitle=”Does insurance cost more when I go through an insurance agent or an insurance broker?”]

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