Simple charging - With our product, you are able to see exactly what you are paying for. Our plan is easy to understand and there are no complicated fee structures or hidden fees.
Online solutions - Be able to track how much you have saved at any point in time wherever you are in the world with our 24/7 online portal
Short Term- Purpose Saver is a 5-year savings plan with options for 3 or 4 years as well. Perhaps you and your spouse have the option of saving intensively given where you are in your careers. Or perhaps you are looking for a short term solution to suit your current needs.
In the long run- Unlike traditional savings plan, we care what happens to you and your money after. That’s why we have designed options for you to consider after your target saving period. You can choose to continue to save, reap your reward or progress from a saver to an investor
Savings flexibility - We understand that your situation and finances may change along the way. Therefore you are able to choose how much you’d like to save and make increases or decreases to your savings amount after the first six months of saving. You also have the flexibility to choose whether to save on a monthly, quarterly, semi-annually or annual basis. To accelerate savings, you have the option to increase your regular premium with a selected annual percentage (between 1% and 20% p.a.) during the Target Saving Period.
Multi Currency- With our multi-currency offering, you can save in the currency you may need in the future to minimize the potential exchange rate risk when you achieve your savings goal. You can choose to save in GBP, USD, EUR, HKD, SGD and AUD.
Investment- With the comprehensive fund options available under the plan, this can help you to effectively balance your investment portfolio to match your saving goals. By using the Model Portfolio options, you will have an expert, Morningstar is one of the largest independent asset consultants in the world, constantly monitoring your investment portfolio. Ensuring you have the best managers working for you and ensuring you take the right risk, at the right time.
Goal Setting- We have designed our plan to help you to identify your savings goals and put a disciplined plan in place to achieve these. We know that achieving these goals would add purpose to your life or would help meet a need to ease your worries.
Savings bonus- We want to reward you for saving so with our product, you will receive a savings bonus at the end of your target saving period between 1-3% depending on how long you save for