I remember sitting in traffic one rainy Tuesday, listening to a podcast on retirement planning. The speaker said something that made me pause: “Not every pension fund is right for everyone.” That got me thinking. What pension fund am I even in? 

Later that evening, I logged into my Pensure app and saw I was in Fund II. I am in my 30s, so I kept digging and found that Fund I, available by request, was actually better suited for people like me young, growth-focused, and ready to take a bit more investment risk for higher long-term rewards. 

I had been in Fund II all along. 

After switching to Fund I, I felt more in control of my retirement journey.  

So, what’s special about Fund Types? 

• Fund I is designed for people under the age of 49 who want to be a little more aggressive with their pension investments. It allows for higher exposure to variable income instruments like stocks, real estate, etc. 

• Fund II (Default for RSA holders below 49) 

It offers a balanced approach for contributors under 49 who prefer a middle ground. 

• Fund III (Default for RSA holders 50 and above) 

It protects your savings with safer investments as you near retirement, reducing exposure to market volatility. 

• Fund IV (For retirees only) 

It prioritizes capital preservation for retirees who rely on their pension for regular income. 

• Fund V (For micro pension contributors of any age in the informal sector) 

It’s tailored for informal sector workers, offering flexible contributions and low-risk investments. 

• Fund VI (Open to all ages – for contributors who prefer non-interest (Shariah-compliant) investments) 

It allows contributors to grow their pensions without interest-based 

investments, aligning with religious or ethical values. 

How to Switch to Another Fund Type on the Pensure Mobile App 

The good news is you can change your fund type to your preferred choice. Here is how to switch using the Pensure Mobile App: 

1. Download the Pensure Mobile App from Play store or Apple store and log in. 

2. Click the three dots by the left-hand side of the dashboard. 

3. Then pick ‘Multi fund switch’ and follow the next steps. 

4. You can also email us at info@leadway-pensure.com or clientservices@leadway-pensure.com to learn more. 

Conclusion 

The multi-fund structure is a quiet invitation to take control of your future. 

I made the switch that week because I finally understood what I was missing. You can, too. Your pension is not just a number; it’s a story in progress. Make sure you are writing it your way. 

To chat with LISA about all pension-related matters, send Help to 0701 8000 800 today via WhatsApp or Telegram.You can also LISA a DM on Instagram & Facebook.