VM Group Partners with JMEA to Provide Pension Solutions for Member Companies

• Victoria Mutual (VM) Pensions Management Limited has partnered with the Jamaica Manufacturers and Exporters Association (JMEA) to provide special pension solutions to JMEA member companies and their employees.
• The offer includes an approved retirement scheme portfolio – the Jamaica Manufacturers and Exporters Retirement Account (JMEARA), specifically tailored for JMEA members.
• This portfolio comprises a balanced allocation of Jamaican and US dollar-denoted equities and fixed-income securities, as well as real estate. The partnership also seeks to address the critical needs of member companies and their employees relating to capital, loans, investments, insurance, and savings, through a bundled offer from across VM Support Business Units.
• Consequently, this new partnership is expected to bring added business activity to the VM Group, which is expected to support its earnings growth in the coming quarters.

(Source: JSE)