3rd Pillar Pensions | Luminor

Why take half, when you can have it all?

After retirement the guaranteed support will compensate your usual income only partly.

Luminor 3rd Pillar Pensions provide the possibility to ensure that your income after retirement does not decrease significantly. Moreover, contributions to a pension fund will qualify for essential tax reliefs already now.

Why is it beneficial to save using the 3rd Pillar Pension plans: 

Progressive Pension Plan:

  • Up to 75% of the assets are invested into equities, namely – stocks and other similar means of investment. The remainder will be invested in fixed-income financial instruments: bonds, deposits of credit institutions. 
  • Such investment strategy is suitable for the individuals who expect potentially high return and can accept significant asset fluctuations. This is a pension plan with very dynamic investment strategy. 

Balanced Pension Plan:

  • Up to 25% of the assets are invested into equities, namely – stocks and other similar means of investment. The remainder will be invested in fixed-income financial instruments: bonds, deposits of credit institutions. 
  • This investment strategy is suited to individuals, who are looking for relatively safe and stable, but modest return. 

Annual Reports

To start saving in Pension Fund:

1

Apply

Apply for 3rd Pillar Pension scheme at any Customer Service Center

2

Make a transfer

Make a transfer to the account specified in the agreement; indicate your individual membership agreement number

3

Create a standing order

Create a standing order for not to forget to make the pension contributions