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Kenyan Pension Sector Knowledge Exchange In Singapore And Malaysia themed; Securing Futures, Sustaining Health: Transforming Pension Investments and Post Retirement Care for a Changing World. 

This year, our convention will take place in Malaysia for two days, followed by two days in Singapore, with a dedicated focus on pension fund investments and post-retirement health solutions. 

As the global population aged 65 and above is projected to reach 1.5 billion by 2050, the need for effective pension systems that support retirees' health has become increasingly critical. This convention is designed to bring together industry leaders to discuss innovative strategies tailored to the evolving needs of our aging demographic, ensuring that pension funds can effectively address the unique health-related challenges of this population.

Overview

The pension industry serves as a critical pillar of financial security, providing essential long-term retirement benefits while managing substantial financial assets. In Kenya, where the pension sector has grown to approximately KES 1.5 trillion in assets under management as of 2024, investment decisions regarding pension funds represent one of the most significant responsibilities entrusted to scheme trustees. Kenya's pension industry, regulated by the Retirement Benefits Authority (RBA), has seen significant reforms through the Retirement Benefits Act and subsequent regulations that have expanded investment options beyond traditional assets. 

With the sector growing at an annual rate of 10-12% and covering over 20% of Kenya's formal workforce, trustees face increasing pressure to deliver competitive returns while maintaining security of funds. In today's financial landscape, pension fund managers must navigate increasingly complex regulatory environments, balance diverse stakeholder interests, and adapt to rapidly changing market conditions. The RBA's investment guidelines currently allow Kenyan pension schemes to allocate up to 10% in private equity, 30% in real estate, and 10% in infrastructure investments - opportunities that remain significantly underutilized by many schemes. The ability to strategically diversify portfolios and access these alternative markets and asset classes has become essential for achieving optimal returns while managing risk appropriately.

Overview

The Africa Pension, Social Security, and Health Convention in Cape Town offered a crucial platform to address the growing challenges facing Africa's aging population and healthcare demands. With the continent's population aged 60+ projected to increase significantly by 2050, the convention aimed to strengthen pension systems, advance social security reforms, and enhance healthcare strategies.

Cape Town was an ideal host due to its innovative policies and commitment to inclusivity, particularly in providing social development support. The city's efforts included providing essential services to over 40% of low-income households and creating over 130,000 jobs through infrastructure projects, demonstrating its dedication to addressing unemployment. Cape Town's leadership in promoting social protection as an economic stabilizer was evident during the COVID-19 pandemic, which saw social grant recipients increase by 18.9% to over 18 million South Africans.

Overview

The Africa Pension, Social Security, and Health Convention in Cape Town offered a crucial platform to address the growing challenges facing Africa's aging population and healthcare demands. With the continent's population aged 60+ projected to increase significantly by 2050, the convention aimed to strengthen pension systems, advance social security reforms, and enhance healthcare strategies.

Cape Town was an ideal host due to its innovative policies and commitment to inclusivity, particularly in providing social development support. The city's efforts included providing essential services to over 40% of low-income households and creating over 130,000 jobs through infrastructure projects, demonstrating its dedication to addressing unemployment. Cape Town's leadership in promoting social protection as an economic stabilizer was evident during the COVID-19 pandemic, which saw social grant recipients increase by 18.9% to over 18 million South Africans.

Overview

The pension industry serves as a critical pillar of financial security, providing essential long-term retirement benefits while managing substantial financial assets. In Kenya, where the pension sector has grown to approximately KES 1.5 trillion in assets under management as of 2024, investment decisions regarding pension funds represent one of the most significant responsibilities entrusted to scheme trustees. Kenya's pension industry, regulated by the Retirement Benefits Authority (RBA), has seen significant reforms through the Retirement Benefits Act and subsequent regulations that have expanded investment options beyond traditional assets. 

With the sector growing at an annual rate of 10-12% and covering over 20% of Kenya's formal workforce, trustees face increasing pressure to deliver competitive returns while maintaining security of funds. In today's financial landscape, pension fund managers must navigate increasingly complex regulatory environments, balance diverse stakeholder interests, and adapt to rapidly changing market conditions. The RBA's investment guidelines currently allow Kenyan pension schemes to allocate up to 10% in private equity, 30% in real estate, and 10% in infrastructure investments - opportunities that remain significantly underutilized by many schemes. The ability to strategically diversify portfolios and access these alternative markets and asset classes has become essential for achieving optimal returns while managing risk appropriately.

Kenyan Pension Sector Knowledge Exchange In Singapore And Malaysia themed; Securing Futures, Sustaining Health: Transforming Pension Investments and Post Retirement Care for a Changing World. 

This year, our convention will take place in Malaysia for two days, followed by two days in Singapore, with a dedicated focus on pension fund investments and post-retirement health solutions. 

As the global population aged 65 and above is projected to reach 1.5 billion by 2050, the need for effective pension systems that support retirees' health has become increasingly critical. This convention is designed to bring together industry leaders to discuss innovative strategies tailored to the evolving needs of our aging demographic, ensuring that pension funds can effectively address the unique health-related challenges of this population.