A glu Personal Pension is a retirement annuity, designed for the long game. No temptation to splurge, just smart, sensible savings.

Think of it as a built-in safety net. Regulation 28 ensures your retirement savings are well-diversified by limiting how much you can invest in certain asset classes. This helps manage risk and keeps your retirement nest egg on solid ground.

Yes, you can access investment expertise and a proven performance track record through a selection of PPS Multi-Manager Solutions or third party investment options to suit your goals and risk profile. Whether you’re seeking long-term growth, capital preservation, or a balanced approach, there’s a option designed to meet your needs.

Start with as little as R500 per month, or R350 per month if you’re under 25. For lump sums there’s a R10 000 limit, and a
R5 000 ad hoc limit.

At retirement (from age 55), you can take a lump sum and must use the balance for an annuity. The amounts are determined by
how much you have accumulated in your respective savings and retirement components, or vested components with its specific rules.

The two-component system splits your retirement savings into a savings component and a retirement component. The savings component allows one withdrawal per tax year. The retirement component remains preserved until you retire, ensuring long-term financial security.

It’s definitely still worth considering a glu Personal Pension, because it would typically give you more flexibility in terms of your investment options and contributions than an employer pension fund.

Your retirement annuity won’t get tangled in your estate. It’s paid out directly to your beneficiaries, giving your loved ones financial security when they need it most.