Alexander Forbes launches new Fund

The Fund was registered with and approved by the relevant authorities in Botswana, which include the Non-Bank Financial Institutions Regulatory Authority and Botswana Unified Revenue Service.

The A53 has been introduced to further augment existing vehicles for investing towards building a retirement saving.  The A53 is a flexible form of retirement fund that allows encashment of contributions and investment returns when a member resigns, retires or dies.  It also enables companies and employees to make voluntary contributions, which can run parallel with their existing pension fund arrangement to further augment retirement savings.