Three Points to Keep in Mind When it Comes to your saving schemes
Three Points to Keep in Mind When it Comes to your saving schemes
- Fund conditions – to see that the management fee from deposit and amount saved is on good terms. The reality at most funds is to charge the maximum possible cost.So, if you have never checked your terms, there is a good chance that the cost paid by you, is this, i.e. the highest. Although it seems that these are small numbers of individual percentages, over a period of decades, the meaning of these individual percentages can reach tens and hundreds of thousands of shekels.
- Fund Return – You should check that the fund is making a good return on your funds. The information about the funds is easily available and you can see the returns of the funds over the years and compare them.
- Insurance coverage – check that the benefits that appear in your pension fund are up to date
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