Frequently Asked Questions

Question 1

What do we do?

Accepted Answer

We help people understand and plan effectively for retirement life events.

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Among the things we cover:

What life events trigger a retirement benefit under the laws of Jamaica

How much capital you will need to provide the retirement income you want, so that your standard of living is not significantly eroded in retirement

Coordinating your sources of retirement income to give a guaranteed lifetime indexed income

How to structure or select an annuity option pension benefit that can cope with inflation

The things that quietly affect your benefits in daily life, such as when and whether to change jobs, the effect of personal relationships on retirement benefits, and estate planning for the people who depend on you

Training programmes within the insurance and financial industry for FSC licensed agents and employees

Demystifying the role of trustees of Approved Superannuation Funds

We are consultants. We educate, we advise and we train. We are not a financial institution and we do not sell investment products.

Question 2

How much are your services?

Accepted Answer

Our fees depend on what the work is. A session for one person, a seminar for a group of staff, an awareness session for a trustee board and a training programme for licensed agents are all priced differently, and group work is priced by the size of the group and the length of the session.

Tell us what you have in mind and we will give you a figure before you commit to anything. There is no charge for that conversation.

Question 3

Who do you work with?

Accepted Answer

We work with a wide range of people and organisations.

Individuals/Families, particularly members of superannuation funds and retirement schemes who are within five to ten years of normal retirement age, and individuals aged 40 and over.

Professionals, entrepreneurs and self employed people, who are not contributing to an approved employer sponsored retirement savings plan but would be eligible to become a member of an approved retirement scheme

Private Sector Employers, who bring us in to educate staff about the accumulation and distribution phases of retirement and financial lifestyle planning

Trustees of Approved Superannuation Funds, including awareness sessions on their roles and responsibilities to the Plan members they represent.

Private sector associations, groups, corporate entities and public sector employees.

Churches, associations and families.

Jamaicans in the diaspora, to coordinate retirement benefits to be claimed abroad and in Jamaica.

Question 4

How far ahead of retirement should someone start planning?

Accepted Answer

It is recommended that once a person reaches the age of 18, which is the legal age for becoming an adult whether they're employed or not, he/she is to start contributing to NIS & NHT, as they are the foundation approved retirement savings plans from which they are to claim retirement benefits at old age, disability or death.

Retirees, whether they reside in Jamaica or the Diaspora, must ensure they have claimed their State benefits (NIS & NHT), approved retirement savings plans benefits from their public or private sector employment, checked eligibility for their spouse's benefits and inheritance.

Question 5

Do you run sessions for employers and groups, or only individuals?

Accepted Answer

Both, and a large part of our work is group work.

We design and deliver retirement planning seminars and workshops for employers and their staff, awareness sessions for trustees of Approved Superannuation Funds, public seminars, and training programmes for FSC licensed agents and employees in the insurance and financial industry.

We have presented for organisations including the Bank of Jamaica, Sagicor, University of the West Indies and the Shipping Association of Jamaica.

We also see individuals directly, either on their own or through their employer.

Question 6

Where do you work, and do you travel?

Accepted Answer

We are based in Kingston and St. Andrew, and we work island wide on a case by case basis. There is no surcharge for travel outside Kingston and St. Andrew.

We also work with Jamaicans living overseas, including coordinating retirement benefits across countries and estate planning for assets held in Jamaica.

Question 7

What happens in a first session?

Accepted Answer

We start with a fact finding conversation face to face or virtually. The full session runs an hour and a half to two hours.

You will be provided with a workbook and a 7 Sources of retirement income calendar. By the time your finished, you are able to take control of your own retirement financial and lifestyle planning.

Question 8

How do I book?

Accepted Answer

Call or WhatsApp us on 876 538 1476, email us, or use the contact form on this website. Our office hours are Monday to Friday, 9:00 AM to 5:00 PM.