Save for a supplementary pension from your pre-tax professional income and enjoy a personal tax benefit
Scala Professional Pension POZ is a Branch 23 individual life insurance policy. As a self-employed person with no company, you build towards a supplementary pension from your professional income. You also enjoy an annual tax benefit of 30%.
A Branch 23 investment insurance policy1 for a potentially higher return
These days, conditions on the financial markets mean that investments with a guaranteed return yield very little. As a result, your pension may be being eaten away each year as a result of inflation. Fancy a better return? Then investing in Branch 23 funds is definitely worth considering.
The right fund for every investor profile
JWith Scala Professional Pension POZ you have the choice of a range of reputable investment funds. For instance, you can opt for funds from NN Asset Management and/or put your money into funds from well-known fund managers. NN has a fund available for every investor profile, from defensive to dynamic.
You can read all about it in our section on Funds and you will find more information about the risk classes of funds here.
Your broker will help you to determine the right profile, based on your personal situation.
Simply put your money into investment funds with umbrella funds
Want something a little simpler? Then opt for what we call an ‘umbrella fund’. An umbrella fund is a carefully chosen selection of investment funds put together to suit a specific risk profile.
With their active management, our experts ensure that there is an automatic diversification of the funds within each umbrella fund. You can, to match your risk profile, choose between 8 umbrella funds: the NN Multi Invest range or the NN Patrimonial range.
A flexible annual premium and automated follow-up
The annual premium for your POZ is calculated based on the 80% rule. This means that the total pension (statutory pension + supplementary pensions) for a full working career of 40 years, may not be higher than 80% of your reference income = The reference income is the average of the person’s net professional income of the last 3 years.
When you sign your policy with your broker, you will determine the premium for your first year together.
You can then adjust the premium that you pay for subsequent years, providing you do not exceed the maximum.
Is building a pension via Branch 23 risky?
A pension savings policy in Branch 231 offers no guaranteed return or capital.
The return you receive is determined by how the investment funds and underlying funds within your policy perform on the markets.
There is a greater financial risk involved if you can or wish to invest in investment funds for a short period. However, because saving for a pension is usually a long-term goal, you can spread the investment of your money over time.
You can also opt for funds with a risk class with which you feel comfortable.
Talk to your broker to decide what the best choice is for you and which investor profile corresponds with your preferences. The approach is essential for sensible investing.
Your broker will be happy to give you advice about the various possibilities tailored for you and your situation.