“Can I afford to retire?” This question may not be top of mind for many Kenyans amidst current inflation. With the prevailing focus on the challenges of today and the popular adage that tomorrow is not promised, the idea of…
Introduction Retirement planning is a crucial aspect of financial security, but for low-income earners in Kenya, it can be particularly challenging. However, with the right strategies and discipline, it is possible for low-income earners to save for retirement and secure…
As Systech reaches a remarkable milestone of 25 years, we are thrilled to celebrate the journey that has made us a leading name in pension administration services across African countries. Our flagship software, FundMaster, has been at the core of…
In the heart of Africa’s pension sector lies a crucial and strategic function – pension fund administration. This vital role determines the performance and impact of pension systems across the continent. However, the complexities and challenges of pension fund administration…
Spreading Joy and Making a Difference in the Kenyan Community Retirement is a wonderful phase of life that offers the perfect opportunity to give back to the community. As the Christmas season approaches, numerous volunteering opportunities can bring joy to…
Retirement is a significant life transition that can bring both opportunities and challenges for older adults. One of the common challenges that retirees face is how to deal with family conflicts that may arise due to various factors, such as…
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,…
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…