People’s Pension Trust CEO, Samuel Waterberg (3rd from left), receives the “Pensions Innovation Award” at the 2019 Ghana Accountancy and Finance Awards
PEOPLE’S PENSION Trust Ghana Limited was on Friday 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, Chief Executive Officer (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 with 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.
The 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
programmes 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.
