Friday, April 19, 2024

Pensions Industry Stakeholders converge in Nakuru to explore ways of Recreating Sustainable Retirement

Octagon Africa, a leading regional financial services  provider, has lined-up a three-day conference on fostering sustainable pensions. The  conference is scheduled to take place from 4th to 6th April 2023 at the Sarova  Woodlands Hotel, Nakuru

Themed

“Recreating Sustainable Retirement – Adequacy & Security of Pension  Funds”,

the conference will bring together leading experts, pension fund managers,  regulators, trustees, employers, policymakers, and other stakeholders in the pensions  industry to discuss the current state of pensions management in Kenya, the challenges  facing pension fund management, and explore innovative solutions for ensuring a  sustainable retirement for all.

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Speaking ahead of the conference, Octagon Africa Group CEO Fred Waswa said the forum is essential as it will bring together experts and stakeholders in the pensions  industry to discuss the challenges facing pension fund management in Kenya and find  solutions that will ensure that retirees have adequate and secure retirement benefits.

“We are excited to bring together stakeholders from across the pensions industry to  share ideas, experiences, and insights on creating sustainable retirement solutions,”

says Mr. Waswa.

“We believe that by working together, we can create a future where  retirement is a time of joy and fulfillment for all.”

The event will feature keynote addresses from industry experts, panel discussions,  and breakout sessions covering topics such as Social Security & coverage – Realignment of pension schemes to the NSSF Act 2013, the role of pension schemes  in socioeconomic development, Structuring Investment mandates to optimize returns,  and Risk mitigation strategies for sustainability & adequacy.

Participants will have the opportunity to engage with peers, learn from experts, and  share best practices for achieving sustainable retirement. Some confirmed speakers  include Chief Investment Officer Co-Optrust Investment services George Gikunju,  Octagon Pension Services Chief Actuary & Actuarial Society of Kenya Chairman  Sahib Khosla, Pension Investment Consultant Mercy Gakii Muthuuri, FSD Africa  Senior Manager, Risk Regulations Elias Omondi, CIC Life Assurance Head of  Retirement Benefits & Corporate Sales Vincent Ochoi, and Centre for Corporate  Governance Programme Coordinator Education & Training Ernest Najoli.

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According to the International Labour Organization, pension coverage remains low in  Africa with only 9.6% active contributors from the working-age population (15-65  years).

“At Octagon Africa, we are committed to changing this narrative by creating  sustainable retirement solutions that ensure financial security and peace of mind for  all,”

Octagon Africa General Manager Marketing, Business and Product Development  Davis Ongiro said.

For more information about the conference, including the program and list of speakers,  please visit www.octagonafrica.com.

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