Review of taxes ‘will unlock pension funds’

Alexander Forbes financial services director James Olubayi. FILE PHOTO | DIANA NGILA | NMG

Introduction of tax incentives can help unlock billions of shillings held by pension funds to go towards infrastructure investments, a fund administrator has said.

Alexander Forbes Financial Services executive director James Olubayi said on Friday that the Treasury ought to do more to encourage the funds to invest in both infrastructure and new asset classes introduced recently.

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