Whether you are a business owner, business manager, employee or self-employed, one day you will hope to retire with enough money to live your best life.

BAF Pension Plans have performed outstandingly for the past several years, even during the global economic downturn. As the oldest, most trusted name in insurance in the Bahamas, our management team has a vast wealth of experience in investing and managing funds. Our clients’ futures are our priority. 

What is a Pension Plan ?

Pension plans can be Corporate-sponsored or personal. In a Corporate Pension Plan, your employer makes contributions toward a pool of funds set aside for your future benefit. The funds are managed by a company such as BAF and  invested on your behalf, so that you can receive benefits when you retire. 

There are two main types of pension plans: defined-benefit plans and defined-contribution plans.
In a defined-benefit plan, your employer guarantees the amount you will receive when you retire, regardless of the performance of the underlying investment pool.
In a defined-contribution plan your employer makes predefined contributions for you, your final benefit will depend on the performance of your investment fund.

Why do you need a pension plan?

A pension plan is a great way to secure your future. Personal pension plans put you in control of your own retirement and  are always a good idea, even if you  have a corporate-sponsored pension plan. Oftentimes, you may need to supplement your employer's plan with your own to ensure that you can live comfortably when you retire. 

Don’t take chances with your future. Make plans to retire the way you choose.

Secure your future today! Make an appointment with a Financial Services specialist today.  

Email us at or call: (242) 461-1000

  • Corporate Pension Plan

    Keep your employees Yours!

    BAF provides top-notch Corporate Pension Plan Solutions 

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  • Personal Pension Plans

    Personal Pension Plans

    If you are self-employed or need to supplement your existing retirement plans, ask about our BAF SMART IRP designed to help you take charge of your financial future.

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