(Provident Personal Superannuation Plan)
This scheme is a cash accumulation scheme. The benefits payable by your scheme are guaranteed by the Government.
The earnings rate, declared by the Board, was 4.00% for the year ended 31 March 2019. Your scheme’s average annual earnings rate, over the last 10 years, continues to exceed the average annual rate of inflation. The investment return (after tax and expenses) earned by the scheme for the year ended 31 March 2019 was 2.74%.
How your money is invested
The scheme's asset allocation strategy is set by the Board and reviewed regularly. The asset allocation for the scheme was reviewed during the year. The pie chart shows the schemes asset allocation strategy from 1 July 2018, and the new strategy effective from 1 October 2018.