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April 4th, 2017

UTC Back Pay Blog 2017

Don’t be a lump sum lightweight

Making the most of a lump sum

What are your plans for your newly acquired lump sum? Are you taking a well-deserved cruise with your spouse?  Would you go on a shopping spree or would you invest in your future? Receiving a lump sum such as back pay or a bonus,can be quite overwhelming because it’s rare to have the opportunity to spend or invest a large amount of money at one time. It’s important to make the right decisions that are in line with your financial goals.

UTC Back Pay Blog 2017

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March 10th, 2016

UTC lump sum blog 2016

What about that lump sum?
What happens if you suddenly find yourself in receipt of a large sum of money? Receiving a lump sumcan be very exciting because it’s rare to have the opportunity to spend or invest a large amount of money at one time. But figuring out what to do with a lump sum pay-out can also be very stressful, especially if you aren’t comfortable making sound financial decisions. Read More

February 29th, 2016

Managing a downturn

Say the word “downturn” and it can send a chill up your spine. It’s a word that spawns fear and breeds indecision. But from the novice to the most fastidious of investors, you can manage your finances and maintain your wealth during an economic slowdown. The key to taking control of expenses is to budget and exercise prudence in your spending. In a downturn, tough decisions need to be about how you manage your money, what you spend it on and what financial priorities come into play.  Read More

February 15th, 2016

Ignite your retirement planning

Part 2 in a series on aligning lifestyle goals and financial planning/investment

In part one of this series, ‘Recommitting to your financial success in the year ahead’ we talked about the importance of your financial health in your New Year’s resolutions. But while setting New Year’s resolutions may be easy enough, keeping them can be a lot harder. With Carnival ending it is important to stay focused.

In the months ahead,your aim should be to commit at least 10% of your monthly net income after reductions and taxes to regular investments, including retirement. Read More

December 23rd, 2015

UTC New Year

Recommitting to your financial success in the year ahead

Part 1 of a 2-part series on aligning lifestyle goals and financial planning/investment.

As we approach the end of 2015 more people will begin making their New Year’s resolutions. Popular choices for resolutions often include commitments to improve one’s health, family life and spiritual well-being, but we forget to include another important aspect of our lives: our finances. Committing to financial planning and investment can help you to achieve your future lifestyle goals and a year free from financial uncertainty.  Read More

Anniversary Message:

“Your support is what drives us forward, you fuel our passion. On November 29th, 2015, we pause to recognise and to celebrate with you, our unit holders and to show our total appreciation for your business. But the key ingredient driving our quest for success over the years is you, our valued clients.”

Mr. Ian Chinapoo, UTC Executive Director

Sunday 29th November, 2015 signals 33 years of dedicated service to the people of Trinidad and Tobago and our cherished unit holders, who have played a crucial role in our development and success.

This year’s anniversary is a fitting time to reflect on the past and acknowledge the pivotal role played by our unit holders and staff in the success of the Corporation.

happy anniversary banner

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Whether you’re a smart, career-savvy professional looking to start a family or you’re getting ever closer to retirement, now is the time to start thinking about what your future holds, including purchasing a dream home, sending your kids to college abroad, or taking that dream vacation!

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