Enterprise Pension Scheme assets hit GH¢247 million

Board Chairman of the Enterprise Personal Pension Scheme, Dr. Frank Gamadey, has attributed the scheme's remarkable growth in membership and assets to improving macroeconomic conditions, stating that renewed investor confidence is encouraging more Ghanaians to prioritise long-term retirement savings.

Speaking at the scheme's annual general meeting on Saturday, July 25, 2026, he said easing inflation, lower interest rates and a more stable economic environment provided a strong foundation for the scheme's performance in 2025.

"As inflation eased, the Bank of Ghana reduced interest rates, while Treasury bill rates declined to single digits. Overall, 2025 was a year of recovery and renewed confidence, providing a stronger foundation for sustainable economic growth," he said.

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The improved economic climate contributed to strong growth across the scheme, with assets under management rising from GH¢143 million to GH¢247 million.

Meanwhile, membership also expanded significantly by 252 percent to 21,550 after 13,341 new members joined during the year, reflecting growing confidence in voluntary pension savings.

The scheme's three investment funds also posted strong returns during the year.

The growth-focused Sunnyside Fund delivered the highest annual return of 22.24 percent, while the Good Life Plan returned 18.30 percent and the Asset Na Pa Fund recorded 18.05 percent.

Dr. Gamadey said the investment performance underscored the resilience of long-term retirement savings despite evolving market conditions.

"Our disciplined investment strategy enabled us to generate competitive returns for members while positioning the funds for sustainable long-term growth," he said.

Dr. Gamadey further noted that Ghana's economy is expected to grow by 4.8 per cent in 2026, supported by expansion in the services sector, industrial recovery and sustained agricultural output.

"Although lower interest rates may moderate returns on fixed-income investments, continued fiscal discipline and debt sustainability measures are expected to strengthen investor confidence as Ghana exits the IMF programme in 2026," he said.

ANAS/EB

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