Enwealth gets green light to manage NSSF contributions

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Enwealth Financial Services CEO Simon Wafubwa. FILE PHOTO | NMG

Enwealth Umbrella Fund has got the nod from the Retirement Benefits Authority (RBA) to manage tier II NSSF contributions from employers opting out of the State pension fund.

Enwealth becomes the latest pension administrator to get regulatory backing as private pension schemes battle for the control of new pension billions that have been minted from the amended mandatory contributions.

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