Investing and Retirement

BF&M's Flex Retirement Account is a prescribed retirement product approved by the Pension Commission in Bermuda. Instead of having to move your locked-in pension funds from employer plan to employer plan as you transition to different companies throughout your working career, the Flex Account allows you to consolidate your funds into one account, in your own name, with a choice of investment options that may differ from those that your employer plan might offer.

Retirement isn’t your only financial goal. BF&M can help you reach other financial milestones over the short, intermediate and long term with our Individual Savings Plan.

Our Risk-based profiles offer a single, balanced solution for you to diversify your investments and tailor your portfolio to a particular risk level. This option provides the opportunity to have a well-diversified mix of stocks and bonds which align with the risk level you’re comfortable with, ranging from conservative to aggressive.

Our Target Date funds offer a dynamically changing investment portfolio that gradually shifts investment risk to become more conservative as your target date approaches. You simply select a target date fund closest to the year you aim to retire and the fund automatically adjusts over time, to less stocks and more bonds, reducing your risk as you get closer to retirement.

Our self-directed option allows you to invest on your own terms and choose your investment allocation from a wide range of asset classes. With this approach, you retain control to decide where you choose to invest, providing you with greater flexibility in managing your money.