Pension Funds

Pension Funds

It is impossible to predict the future, but you can certainly prepare for it. So even if retirement seems far away, it’s a good idea to start saving right now, to make sure you have enough money when you retire or in case of an insurance event.

In 2008, the Mandatory Pension Extension Order came into effect, requiring employers to make pension contributions for their employees. The order allows each employee to save towards retirement using a pension fund and/or provident fund. In addition, an amendment to the Supervision of Financial Services Law (Provident Funds), 2005 was passed, according to which any rewards contribution will be designated as a retirement annuity. Placing your pension savings with Altshuler Shaham is a great way for you to enjoy professional management, find a solution to your pension needs and enjoy lawful tax benefits.

 

Our pension funds:

Altshuler Shaham offers employees, self-employed individuals and employers two types of pension funds: A comprehensive fund which comprises insurance coverage and features seven pension tracks and a general pension fund which allows savers to receive a monthly annuity according to their balance. 

תפריט משנה

Need Help?
The aforesaid should not be construed as a substitute for personal pension advice and/or pension marketing that is adapted to each customer's needs and use of the information and data on the website are at the user’s sole responsibility. * It is hereby clarified that although Altshuler Shaham Group takes reasonable steps to ensure that the information and data on its website are correct and reliable, there may be cases where errors and/or mistakes and/or inaccuracies and/or omissions might occur. In case of any discrepancy between the data appearing on the website and the data recorded in a fund’s books, the data in the fund’s books shall prevail. The rights of a fund planholder shall be determined in accordance with the fund's records, in accordance with the fund’s articles of association and the provisions of the law. * The Company may later change the nature of the investment policy and/or the composition of assets, as will be decided from time to time subject to the funds’/plans’ articles of associations and the law.  * The foregoing should not be construed as a commitment by the Company to achieve excess returns, and information on returns achieved in the past is not indicative of future returns.  * The above is subject to the law and the provisions of the relevant articles of association.