What is a Corporate Selection Retirement Fund 2?


Question:

Hi, please can you help me. I am employ at Reavaya. We joined a Liberty Provident Fund Scheme about two weeks ago. The company (Piotrans) that administers our payroll issued a paper that they considered as a statement. This paper contained the scheme and membership number, but what is confusing is that the paper mentions a Corporate Selection Retirement Fund 2 instead of a provident fund? Please can you clarify.

Answer:

Elijah,

The Corporate Selection Retirement Fund 2 is the formal name of an umbrella provident fund underwritten by the Liberty Group.

The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.


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