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Customised Plan


The Customised Plan, whether under trust or as a direct insurance plan, is based on flexibility and tailor-made service provision. This plan design is most suitable to medium / large plans or small high-value plans and is ideal for both savings and retirement.

The plan allows the employer to define a wide variety of services and to have a more flexible approach in terms of:

  1. Fund options offered. 
  2. Frequency of contributions and amounts paid.
  3. Sources of contributions:
    • Payments from employer and members (compulsory and voluntary)
    • Payments from one or more locations called ‘billing destinations’
    • Grouping of members into different categories
  4. Switch / Redirection facility.
  5. In-service withdrawals.
  6. Reporting and communication.

 

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