MAPFRE MSV Life (MMSV) has launched a limited time offer on all new Unit Linked Personal Pension Plans issued between June 23 and September 30. During the offer period, MMSV is making a €175 top-up to the new Unit Linked Personal Pension Plan when the policy is set up and the first premium paid by the client is allocated. The MAPFRE MSV Life Personal Pension Plans are qualifying schemes that enable customers to benefit, subject to eligibility, from the tax credits made available by the government. The tax credit for 2022 is 25 per cent applicable to a maximum contribution of €3,000 (resulting in a maximum tax credit of €750 per person). One of the attractive features when clients set up a MAPFRE MSV Life Unit Linked Personal Pension Plan is the possibility to link their pensions savings to lifestyle funds. Lifestyle funds are also sometimes referred to as target funds since their purpose is of serving as a vehicle for investing funds towards a specific goal. Lifestyle funds combine conservative, moderate or aggressive risk allocations for savers at different stages of their lives. As the retirement age (target date) nears, a lifestyle fund will roll down into a more conservative...
↧