Provident and training
A provident fund is a long-term savings instrument and currently the deposits made can be withdrawn at retirement age.
The Education Fund allows monthly deposits for medium term savings and withdrawal of funds after 6 years as a lump sum and capital gains tax exemption. In addition, the deposits with the HMOs are recognized as a provident fund according to the Income Tax Regulations and allow for income tax relief.
The differences between funds are reflected, among other things, in the costs of management fees and the quality of investment management.
We at Complete will help you compare all provident funds and training funds and tailor your plan according to your needs. Comparison is made between all insurance companies and investment houses using computerized consultant software that ensures you find the best savings for you in the most competitive management fees.
Complete – our hand is your confidence!