Pension coverage is a crucial indicator of a country or region’s pension sector performance. It measures the extent of people’s participation and contribution to pension schemes, as well as the receipt and benefit from pension benefits. However, pension coverage in…
Retirement is a major life milestone that requires careful planning and preparation. It’s an opportunity to enjoy your golden years, pursue passions, and spend time with loved ones. However, retirement also comes with challenges and uncertainties, such as financial security,…
Diversifying your pension fund portfolio in Africa means investing your retirement savings across different types of assets, locations, and sectors, to reduce your risk and increase your returns. Diversification can help you protect your pension fund from market volatility, inflation,…
Introduction Administering pension funds requires fund managers to ensure compliance, accuracy, transparency, and security. In 2023, fund managers are leveraging key factors to achieve effective and efficient administration of pension funds. Let’s explore some of the factors that are currently…
Saving for your pension in Africa is a smart and important decision that can help you secure your financial future and enjoy your retirement years. Whether you’re just starting your career or nearing retirement age, it’s never too late to…
A well-functioning pension system in Africa offers numerous advantages to individuals and the economy. Let’s explore some of these benefits: Reliable Retirement Income Having a good pension system ensures a steady income during retirement. This income can cover basic living…
The pension penetration rate in Africa plays a crucial role in the continent’s economic development and financial inclusion. It measures the ratio of total pension fund assets to the gross domestic product (GDP) of the continent. Unfortunately, the average pension…
Retirement planning is a crucial aspect of financial management that is often overlooked in African culture. However, as life expectancy increases and the cost of living rises, it has become more important than ever to plan for a secure financial…
Retirement is a significant life transition that can be both exciting and daunting. For many, it’s a time to pursue long-held dreams, travel, and spend more time with family and friends. For others, it can be a time of uncertainty,…
Retirement is often seen as a time of relaxation and enjoyment, a well-deserved break from the daily grind of work. However, for many retirees, the transition to a new lifestyle can be challenging, leading to a range of mental health…
As the population of Africa continues to age, the issue of pension adequacy has become a growing concern. Many retirees are finding it challenging to make ends meet on their pensions, leading to poverty and social exclusion. In 2023, African…
We’re thrilled to announce that Systech clinched the coveted title of ‘Best Pension Management System Provider in 2023’ at the renowned DigitalTech100Awards. This significant recognition underscores our unwavering dedication to revolutionizing pension management in the African market. Innovating with FundMaster:…