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Treasury says it has again put on hold the K350 billion civil service compulsory pension scheme which was expected to take off in this new financial year because the government is too broke to implement such a scheme.

The AFPs are coming late to the party. Banks, insurance companies and even foreign pension funds have been able to invest directly in infrastructure projects, property and private equity in Chile for a number of years.

The radical dualism – the acute paradox of poverty in the midst of plenty – that defines Africa finds ugly consequential expression in the most vulnerable members of society – women, children and the aged.

The Africa Pension Awards, run by the National Pension Commission in Nigeria, honored winners for excellence in innovations across five awards categories at a ceremony Tuesday.

Cape Town – South Africa’s Pension Funds Adjudicator Muvhango Lukhaimane received close to 38% more complaints from pension fund members in the 2015/16 financial year.

Company

Axis Pensions Ltd (APL), formerly NBC Malawi Limited, is a limited liability company licensed in 2016 by the Reserve Bank of Malawi as a Pensions Administrator. Axis is privately owned by a group of investors led by Axis Pensions Group