Fidelity Pension Plan Confirms Payment of Applications

Brett Hill, President and Country Head of the RF Groups Cayman based pension plan confirmed today that all applications from participants who have successfully applied for withdrawals from the Fidelity Pension Plan since May 1, 2020 had been paid. He noted however that, depending on the specified means of payment, certain July applications, including those requiring international wires and credit unions may still be in process.

“We thank our clients for their patience through what, at times, has been an overwhelming process” Mr. Hill said. “We hope the funds are able to assist with the many difficulties clients have been, and are still, experiencing as a result of the COVID-19 crisis.”

Mr Hill noted that all applications received between August 1 and August 31, were being processed and would be paid out by mid- September. Mr Hill also encouraged any pension participants requiring additional information with respect to their applications to contact Carolee Crowley at carolee.crowley@royalfidelity.com.

About RF

Since inception in 1997, the RF Group has been committed to helping clients create and manage wealth. They are a regional private bank connecting our clients with the best in local and international investments. Collectively, They have helped clients raise in excess of USD $1.8 Billion in capital and have $2 Billion plus in assets under administration. Offering a wide range of investment products and services, their financial solutions are designed to help individuals and corporate clients meet and achieve their investment goals.

These include Mutual Funds, Investment Management, Investment Banking, Group and Personal Pension Plans, Personal Retirement Accounts, Stock Brokerage, Trust and Estate Planning and Educational Investment Accounts.

For more information, please visit www.royalfidelity.com and follow us on Facebook @royalfidelitybanktrust