FAQs

It is the most efficient way for you to save for your retirement.

A one-stop professional solution: best-in-class, cost-efficient investment management and administration for all retirement needs.

Polaris is a separate legal entity, so all assets belong to its members. They are held in segregated accounts with an EU bank institution, separate from managers and advisors.

Yes. Polaris is a registered IORP, so all contributions are eligible for tax deduction (independent tax advice is recommended).

Your state pension may not be enough to live on. A provident fund helps close the gap.

Yes. You can request a transfer of benefits from or to another recognised IORP.

You choose your own contribution level as a % of your annual salary — and you can change it at any time.

Choose between 5 strategies; your contributions are invested according to your own risk-return profile and goals.

Yes — twice a year, every year until retirement, at no cost.

Yes. For reasons specified under the law (education, health, property refurbishment) you may borrow up to 45% of your balance.

Administration and management fee of 0.6% per annum, all-in — no minimum, no monthly deductions.

Under current legislation: upon retirement, termination of employment or death (paid to beneficiaries).

Currently there is no tax in Cyprus on the payment of benefits to pension-fund members upon retirement.

Join online at www.polarispensions.com or call +357 22 717045.