Pension funds are designed to be savings mechanisms through which money is accumulated for use in retirement. However, withdrawing members are quick to cash their benefits thereby denying themselves adequate retirement pensions. Fidelity Life Assurance created this fund meant to give those withdrawing from pension funds, an investment vehicle through which their contributions as well as the employer portion (which is not cashable before retirement age) can be competitively invested. Funds can be withdrawn upon retirement. Preservation now offers flexibility as members can now make personal contributions on a recurring or ad hoc basis.