Latest News

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et
bt_bb_section_bottom_section_coverage_image
Pension Industry Projects Gains

Jamaica's pension industry is already projecting foreign exchange (FX) gains from the recent move by the Bank of Jamaica's (BOJ) to increase the allowable limit on investment in foreign exchange instruments from 7.5 per cent to 10 per cent.

Is the NIS necessary if I’m already in an approved retirement scheme?

We know, we know, the fact that National Insurance Scheme (NIS) contributions contributions are compulsory for all working Jamaicans may not convince you of its value. This is especially true when so many bemoan the size of its pension payments. All the same, you may be surprised to know that it punches above its value in benefits in ways that may surprise you.