High yields en­sure larger monthly pen­sion pay­ments

The Jerusalem Post - The Jerusalem Post Magazine - - MIDEAST -

Clal In­sur­ance and Fi­nance Group has not only launched a new pen­sion model, but it is also de­liv­er­ing high yields on its fi­nan­cial as­sets. Moshe Ernst, ex­ec­u­tive VP and head of the Long-Term Sav­ings Divi­sion at Clal In­sur­ance and Fi­nance Group ex­plains. “We have un­der­gone a vir­tual rev­o­lu­tion in fi­nan­cial yields we are de­liv­er­ing. I can now say that with re­gards to yields “Clal” is the lead­ing group in the lo­cal pen­sion in­dus­try. Con­se­quently, we are of­fer­ing a com­bi­na­tion of a very ben­e­fi­cial pen­sion model, Pen­sia Mavtiha, with a proven and ef­fi­cient fi­nan­cial man­age­ment team that is tak­ing ex­cel­lent care of our clients’ money,” he says.

“Our Long term Sav­ings divi­sion has over NIS 200 bil­lion un­der man­age­ment, the ma­jor­ity of which is man­aged in long- term in­vest­ments. The in­vest­ment divi­sion con­cen­trates in in­vest­ments in rel­a­tively high-yield in­fras­truc­tural projects, such as the NIS 1 bil­lion in­vested in the Tran­sIs­rael High­way, Road 6, or the mil­lions in­vested in a road in Hous­ton, Texas. Other in­vest­ments, on be­half of or clients, in­clude en­ergy and wa­ter projects. We be­lieve that on the long run, in­vest­ing in long-term in­fra­struc­ture projects is the very im­por­tant to en­sure a healthy in­vest­men as­set spread” he as­serts.

It is a strat­egy that ben­e­fits both the or­ga­ni­za­tion and our clients . High yields mean that the fi­nan­cial as­sets man­aged by “Clal” in­crease, and that is re­flected in the to­tal ac­cu­mu­la­tion and even­tu­ally in higher an­nu­ity pen­sion pay­ments to the re­tirees.

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