People’s Pension Trust Ghana Limited has been adjudged
winner in the Pensions Innovation Award of the Year Category at the 2019 Ghana
Accountancy and Finance Awards.
The company received the recognition for successfully organizing a high-level international conference dubbed “People’s Pension Conference” in February 2019.
The event, the first of its kind since the pension reforms in 2010 brought together local and international pension players and policy makers to discuss best practices and innovative strategies required to boost Ghana’s pension sector.
Organised
under the theme, “Private pension fund
management – local standards vis-à-vis international best practices. What key
lessons going forward?”, the deliberations focused on key challenges,
trends, opportunities and insights in the local pension industry blended with
learnings from countries that have successfully eradicated poverty with pension
schemes.
Speaking on the award, CEO of People’s Pension Trust, Samuel Waterberg said “the recognition is evident of how relevant and impactful the conference was. The 8-point consensus that outlined issues like leveraging technology, policy interventions, deepening and enforcing regulations, pensions literacy among others is essential to the growth of the local pension industry and the adherence to international best practices.”
He
added that he was particularly pleased about the educative and remarkable industry
working visit to Netherlands, the world’s leading pension industry; which
became necessary following the knowledge and expertise shared at the conference.
Communications
Manager of People’s Pension Trust, Yaa Asamoah-Boateng on the other hand said,
“at the heart of our values is innovation and that is why we are continuously
leveraging on technology to develop programs and processes that will not only
drive our agenda of ensuring future income security for all, but which will also ensure that the industry
evolves to keep up with changing trends and global best practices in the
administration of pension in Ghana.”
The
company was also earlier this year selected as a winner by Inclusive Fintech50
as one of 50 fintechs that are using innovation to drive financial inclusion in
the world by expanding access, usage and quality of financial services in
advanced and emerging markets.
People’s Pension Trust provides trustee
services in both Tier 2 and 3 schemes and is focused on offering flexible and
innovative pension products for the Ghanaian workers.
