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Pension returns up five percentage points on stocks gains
Zamara Group Group Chief Executive Officer Sundeep Raichura speaks at Panafric Hotel in Nairobi on October 18, 2018, during the Kenya Pension Fund Investment Consortium. PHOTO | SALATON NJAU | NMG
Pension fund returns rose by five percentage points in 2021 on improved performance of equities and offshore investments, signalling higher interest earnings for savers.
Pension fund administrator Zamara said that in 2021, the median return for schemes stood at 12.4 percent compared to 7.3 percent in 2020.