Actuary lays out pensions industry revival plan
Speaking during the recent Zimbabwe Association of Pension Funds 5th edition of the Principal Officers and Chairman’s convention in Bulawayo,
By Melody Chikono
Oct. 22, 2024
Embrace UCPF Victoria Falls Hotel
The promoter will contribute land valued at US$1 million and inject US$2 151 544.98 in the project, implying that it will retain 51% in the project.
By Batanai Matsika
Oct. 18, 2024
Pensions regulator guns for unqualified trustees
These are renewable, which means a continuous period of 10 years. If anyone had already served previous terms before, they are no longer eligible for reappointment.
By The Zimbabwe Independent
Oct. 18, 2024
Ipec to set up universal IT system: Official
Currently, players spend over US$2 million annually maintaining unused systems.
By Melody Chikono
Oct. 11, 2024
Unified Councils Pension Fund seeks US$3m for new hotel
A prospectus prepared by UCPF financial advisors, Switzview Wealth Management, showed that UCPF intends to raise a total amount of approximately US$2 995 726,40 by way of a private placement.
By Melody Chikono
Oct. 10, 2024
Ipec wields hammer over pension fund trustees
Pension funds have a board of trustees appointed or elected to manage a fund on behalf of and for the benefit of fund members.
By Melody Chikono
Oct. 9, 2024
Funeral assurers seek solution to investment hurdles
Pension funds are legally required to allocate at least 20% of their investment portfolios to prescribed assets, while life assurance companies must invest 15%.
By Tafadzwa Mhlanga
Sep. 27, 2024
Pension funds get paltry contributions from employers
According to national statistics, the gross domestic product (GDP) was estimated at US$28 billion as of December 2022 with the pension funds’ assets contributing about 6%.
By Melody Chikono
Sep. 25, 2024
Candid Comment: Pension funds should be considerate
The commission proposed a standardised compensation framework to ensure equitable treatment for both providers and consumers.
By Melody Chikono
Sep. 13, 2024
