Employers
From family businesses to multinational groups — a multi-employer fund with zero employer fees.
Transferring an existing provident fund
A clear, step-by-step procedure for the transfer and dissolution of an existing provident fund into POLARIS.
EGM of the fund's members
Two-thirds of the fund's members must approve the transfer and dissolution of the provident fund.
Employer's consent
Written consent for the transfer, signed by the employer.
Agreement between the funds
The transferring and receiving funds agree the terms of the transfer.
Participation agreements
Employer and employees join POLARIS.
Request to the Registrar
Submission of the transfer request to the Registrar, including the zero account.
Completion of the transfer
Executed upon approval of the Registrar.
One cost-efficient fee
0.35% administration · 0.25% asset management · 0.50% for the Cash strategy
- No entry or exit fees
- No minimum monthly fees
- No pension-scheme switching fees
- Zero fees for employers, at all times
Robust governance & asset protection
Clear roles, independent oversight and ring-fenced assets — your savings belong to you.
Asset protection & ring-fencing
Separate legal entity; assets held by an independent custodian.
Separation of duties
Operational and oversight responsibilities are clearly identified and separated.
Delegation & expert advice
Specialist advisors with distinct, defined roles.
Accountability
To members, the supervisory board and the competent authorities.
Transparent cost structure
One all-in fee; no hidden charges.
Trusted by 110+ employers across Cyprus
From family businesses to multinational groups — a multi-employer fund with zero employer fees.