Secure your retirement future with VM
Our Approved Retirement Scheme (ARS) is a retirement planning solution to assure financial security and a peace of mind for you.
A Pension Plan Tailored for Your Needs
ARS contributions are tax deductible, making it an excellent solution for individuals wishing to lower their income tax payments, while maximising their retirement savings.
Tax-Free Contributions
Enjoy tax-free contributions of up to 20%. Any fees charged thereafter are only 2%. Contributions are flexible and your plan never lapses.
24/7 Online Portal
Access the ARS Online Portal, offering 24/7 online access where you can monitor the performance of your funds easily and conveniently.
Tailored Solutions for You
Choose from a range of investment portfolios, ideal for aggressive, moderate and conservative investors. Get the best solution for you.
Retire in Style with the Approved Retirement Scheme from VM
Our Approved Retirement Scheme is a personalised pension plan best suited for for business entities requiring a retirement solution who currently are not enrolled in a company-sponsored pension plan, seeking the most effective way to save for their retirement.
Members may retire as early as age 55, up to as late as age 70 and will have access to their accumulated contributions and investment gains, inclusive of interests earned over the years. This is used to purchase an annuity at retirement age, in the form of a monthly pension payment, paid for as long as they are alive. Also, in the event you are incapable of performing mentally or physically at work, ARS provides you with monthly pension payments.
Choose Your ARS Investment Portfolio
We have a range of investment options best suited for your needs.
- The Accumulator
Make short term investments that will better predict your profits, and minimise your risks. These money market instruments include certificates of deposit and treasury bills.
- The Advantage
Invest your funds to guard against the depreciation of the Jamaican dollar. Choose between US dollar fixed income instruments, and US Indexed Bonds.
- The Accelerator
Choose to mainly invest in local equities, where your funds can be allocated to fixed income instruments that can provide you with greater profits
- The Super
Take a balanced approach to your investment. We offer a mix of equities, Jamaican and US dollar fixed income instruments and short-term securities.
- The International Accelerator
Get exposure to equities traded on any recognized exchange in the United States, Canada and the United Kingdom. This is best for Members who are willing to take investment risks.
- The Property Moderator
Get exposure to local and regional income-earning real estate assets. This portfolio is best for individuals with a moderate to aggressive risk profile.
A Pension Plan Tailored for Your Needs
ARS contributions are tax deductible, making it an excellent solution for individuals wishing to lower their income tax payments, while maximizing their retirement savings.
Tax-Free Contributions
Enjoy real rewards with tax-free contributions of up to 20%. Plan for your prime years with the most efficient retirement plan. Let us tailor the best solution for you.
A Digital Dashboard
Get convenient access to our online ARS dashboard to access and manage your portfolio from anywhere. Easily view your portfolio details and beneficiary appointments.
Your Pension Calculator
Stay on track with your investment progress with our online pension calculator, as well as make projections about your future retirement income. Plan for your tomorrow today!
What You Need to Get Started
New applicants must be between the ages of 18-64 years. Complete the following documents to enrol in the Prime ARS:
Completed PRIME ARS Enrollment Form
Driver’s License, Passport or National ID
Copy of current utility bill – issued within the last 6 months, or bank statement, if differs from company records
● For the employed: Job letter or Pay slips
● For the self-employed: Declaration/Business Certificate, Income Questionnaire, Receipts or Invoices, Customer Reviews/Testimonials, or Bookkeeping Records
Let's Get Started
Contact our VM Pensions Sales and Client Relationship team today.
