Pension

What should I take into consideration when signing a Lifetime Pension agreement?

When signing a Lifetime Pension agreement, bear in mind:

  • Change of beneficiary. During the guaranteed disbursement period, you are free to change your beneficiary;
  • Breaking the agreement. You can cancel the agreement within 15 days of signing;
  • Adding capital. You will not be able to add your saved capital to your 1st pension pillar savings;
  • Change of contact details. You can change your contact details and account number for the entire duration of your agreement.

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