I have enjoyed greatly the second blooming that comes when you finish the life of the emotions and of personal relations; and suddenly find - at the age of fifty, say - that a whole new life has opened before you, filled with things you can think about, study, or read about...It is as if a fresh sap of ideas and thoughts was rising in you.

 - Agatha Christie

Many people discover that once they retire and free themselves from the obligations of the working world, their lives take a new and exciting turn with the potential for learning and doing things they never dreamed about. A comprehensive retirement savings programme provides the opportunity to make this freedom possible. A retirement savings programme is developed from one or more of the following approaches - Personal Savings and Investments, Retirement Schemes, Government Programmes and Employer-sponsored Superannuation Funds. While personal savings and investments are completed with after-tax dollars, Government Programmes and Employer -sponsored Superannuation Funds are completed with pre-tax dollars. NCBIC offers management of Employer-sponsored Superannuation Funds that are Approved and Registered by the Financial Services Commission (FSC) and Taxpayer Audit and Assessment Department (TAAD)

NCBIC's Experience in Employer-sponsored Superannuation Funds:

NCB Insurance Company's acquisition of the management of the pension portfolio previously held by WITCO April 2007, along with our annuities business has created one company that can meet the needs of Employers who are focused on providing financial retirement security for their valued Employees. In addition, Employers can also look to us for our additional employee benefits solutions with our Employee Care - Life, Accidental Death and Dismemberment (AD&D), Dependent Life and Retiree benefit programmes. All these programmes are focused on providing benefits as a result of death, disability and retirement. The management of Superannuation Funds are offered on a segregated investment platform and are invested in accordance with the Statement of Investment Policies and Principles (SIPP) to ensure compliance with the Pensions legislations.

Whether your company was a former WITCO client, or have an existing Fund or is new to establishing an Approved Superannuation Fund, we have the experience - staff and systems, to guide you through from establishment of a Fund to benefits delivery.

Types of Pension Products

Current international practices and standards provide for 2 main types of Superannuation Funds. These are (1) Defined Benefit and (2) Defined Contribution. Where an Employer is establishing a new Fund or wants to make changes to an existing Fund, our experienced and licensed professionals will guide you through the selection of the optimal Plan Type. Call us today at 935-2004 or email us at ncbic@jncb.com

The Pension services currently offered for Superannuation Funds are in accordance with the requirements of The Pensions Act 2004 and the enabling Regulations 2006.

• Submission of application forms and Trust Deed and Rules for the FSC registration of Superannuation Funds.
• Submission of application forms for the registration of Trustees with the FSC.
• Submission of returns to the FSC and TAAD.
• Submission of Plan Amendments to FSC for Approval.
• Pension Administration Services.
• Investment Management Services.
• Monitoring of Third Party Actuarial and Auditing Services.
• General Accounting Services.
• Tracking system to recover withholding tax from Government.
• Assistance in the preparation of the following policies that are required The Pensions (Superannuation Fund and Retirement Schemes) (Governance) Regulations 2006 - s7(v):

         - Conflicts of Interest;

         - Complaints Resolution;

         - Prevention against Crime Act (formerly Anti-Money             Laundering Act).

Our Superannuation fund clients are provided with:

• Segregated portfolios which benefit fully from investment returns
• Updates on the Fund at regular trustees meetings
• Dedicated and knowledgeable Pension and Investment officers
• Full service management of real estate portfolios
• Timely reports tailored to meet your specific areas of interest
• Access to NCB's wide expertise in primary dealership, credit and investment analysis, to maximize returns on investments
• Attractive investment options