Old Mutual Ghana launches Pensions Trust Company Limited

Old Mutual Ghana has launched the Old Mutual Pensions Trust Ghana Limited at an event in Accra. The Old Mutual Pensions Trust Company is a master provider of pension management and administrative services to third-party defined contribution (2nd & 3rd tier) pension schemes.

The company offers a wide range of pension solutions that cater for the needs of institutions and individuals with value based investment options tailored to keep pace with participants’ changing life cycle as they approach retirement.

‘As an iconic business with a rich African heritage, Old Mutual is constantly expanding its operations to adequately cater for the needs of the markets in which we operate. Today is another example of our commitment to enabling positive futures for our customers’ said Interim Group CEO of Old Mutual Ghana, George Addison.

The representative from the National Pensions Regulatory Authority said ‘It is very important that employers begin to take the retirement of their employees seriously and also support them through tier 2 and tier 3 contributions. As industry regulators, we will continue to work closely with Pension Trust companies in Ghana to ensure the growth of the industry’.

Old Mutual Pensions Trust Company Limited is registered with the National Pensions Regulatory Authority (NPRA) as a Corporate Trustee and Pension Administrator.

Editors Notes

The Old Mutual Group provides investment, savings, insurance and banking services to 18.9 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999. Its operations in Ghana began in 2013, providing life insurance, trust pensions administration and corporate solutions. Old Mutual has a pan-Africa footprint with operation in 14 countries on the continent.