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Pension industry seeks standards for RBA trustees

Hosea Kili, chairman, Association of Pension Administrators of Kenya. PHOTO | ANTHONY OMUYA | NMG

By  JAMES NGUNJIRI

The pension industry says the Retirement Benefits Authority (RBA) should set minimum qualifications for trustees.

The industry has assets close to Sh1 trillion with over 1,400 registered retirement benefits schemes, 30 licensed administrators, 19 fund managers, 11 custodians and 10 actuaries.

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