The Cedar Pension Scheme is a Master-Trust Scheme licensed by the NPRA in 2012 to offer an economically efficient vehicle for administering the mandatory tier 2 pension contributions of workers on behalf of participating employers. When it comes to investment, we believe one size does not fit all. That is why the Fund, unlike others, applies the lifecycle style of investing to accommodate different investment preferences and risk appetites of participants.
The scheme, with over GHS195m of assets under management and average returns of 20.51%, offers considerable economies of scale advantages for employers of all sizes. The day-to-day management and administration of the Fund is ably handled by Axis Pension Trust, the #2 pensions provider in Ghana according to NPRA’s rankings in 2018. Axis offers the best turnaround time, competitive returns and multi-platform accessibility to keep members up to date. Our capabilities to innovate and deliver on our promise has received international recognition when the World Pensions Summit adjudged Axis in 2016 as the most innovative pensions company in Africa in risk management.