A retirement fund is a cost-efficient vehicle to fund, administer, and provide benefits to employees as required by Philippine laws. Having one allows a company to invest in the financial security of its employees upon their retirement.
Benefits
Customized investment plan
Design an appropriate investment program tailored to your company's objectives and risk profile.
Unlock financial benefits
Get tax-deductible contributions, tax-exempt investment income, and superior investment returns for your company.
Tax-exempt advantage
Let your employees enjoy their tax-free retirement pay benefit by ensuring proper structure and tax qualification on your company's retirement funds.
Frequently asked questions
What is a retirement fund?
What are the types of retirement funds?
a. Defined Benefit (Pension Fund)
An employee's retirement payout is assured. The sum is computed based on the employee's years of service and final monthly basic salary, which must be at least half the legal minimum.
b. Defined Contribution (Provident Fund)
An employer contributes a specified proportion of its employees' monthly base salary to a defined contribution plan. The accumulating amount is intended to benefit the employee upon retirement. Employees may donate to the fund, which the corporation may match. This fosters a saving culture and helps employees save for the future.
Why should you consider opening a retirement fund with BPI Wealth?
BPI Wealth, a trust and investment firm for over 60 years, has extensive fund management experience. Organizations and their retirement funds can benefit from our investment management expertise, infrastructure for asset preservation and growth, and fiduciary responsibility to our stakeholders through best execution and regulatory compliance with a curated BPI Wealth portfolio. We offer financial literacy workshops, pension portfolio advisory, and retirement plan rules analysis.
What other services does BPI Wealth provide?
Upon establishment of the retirement fund, a dedicated Portfolio Relationship Manager and handling team will oversee the efficient coordination and communication between the company and BPI Wealth. They will manage the company's retirement plan and portfolio.
BPI Wealth clients receive standard reports, investing news and market updates, and customized reports. BPI Wealth also hosts events and seminars for clients and employees.
What investment outlets will BPI Wealth provide for retirement plans?
Investment outlets range from collective investment schemes (i.e. UITFs, Mutual Funds) to direct securities (i.e. bank deposits, fixed income securities, equities), both onshore and offshore. Portfolios to be set-up will be based on the company's investment requirements and risk tolerance.
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Contact us
At BPI Wealth, we are committed to providing our customers with superior services. Your opinions or suggestions regarding our products and services will enable us to serve you better. To share your opinions or suggestions, you may contact us through the following channels:
Please contact us through:
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Phone(+632) 889-10000This is our 24-hour Contact Center.
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emailbpiwealth@bpi.com.phFor concerns about starting or management of your investments, please send us an email to this address.
