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Fusion Group Pension Benefits

Zurich Life Fusion is designed with all employers and staff in mind.

Employer benefits

Senior executive benefits

Staff benefits

Employer benefits:

Zurich Life Fusion reduces risk for employers and trustees because Zurich Life organises trusteeship for the scheme.

This means:

• No Trustee training for Directors.
• Employers are not liable for
  • potential Pensions Board trustee fines.
  • poor investment design.
  • adhering to the Pensions Act legislation for trustees.
• No audit fees
• Cost effective - the employer's only cost is what they contribute for members.
• Less administration hassle - PRSAs and executive pension plans are under one group scheme.

Senior executive benefits:

• Control - each executive has the power to wind-up their own plan.
• Choice - executives can choose PRSAs or executive pension plans to suit their needs.
  This means they can:
  • maximise tax relief on contributions;
  • receive the full benefits of tax-free cash; and
  • maximise access to Approved Retirement Funds.
• Flexibility - transfer between PRSAs and executive pension plans may not require costly certificates of comparison.

Staff benefits:

• Low cost, portable pensions - staff have all the advantages of PRSAs.
• PRSAs by Zurich Life - the market leading PRSA provider.

Find out more

To find out more about the Fusion group pension scheme contact your local broker or call 1850 202 102