PROVEN Wealth Limited is the Administrator and Investment Manager of the PROVEN Rock Approved Retirement Scheme.
PROVEN Rock is an Approved Retirement Scheme registered by the Financial Services Commission (FSC) under the Pensions (Superannuation Funds and Retirement Schemes) Act, 2004 (the “Pensions Act”). PROVEN Rock has been established to enable residents of Jamaica to accumulate tax deductible contributions during their working years and invest towards a pension income upon retirement. The pension you will receive at retirement may be subject to applicable income tax at that time.
You are eligible for membership in PROVEN Rock if you are a resident of Jamaica between the ages of 18 and 69 years who:
- Is either self-employed, or employed in a non-pensionable post, and does not otherwise contribute to an Approved Superannuation Fund (“ASF”) or another Approved Retirement Scheme (“ARS”);
- On termination of employment, have elected to transfer your pension benefits from an ASF to PROVEN Rock;
- Wants to transfer your pension benefits from another ARS to PROVEN Rock; or
- Is otherwise permitted to participate in PROVEN Rock subject to applicable legislation or approval from the FSC.”
PROVEN Rock forms: