Retirement: Strategic partnerships critical in growing pension savings

The logic for combining the capabilities of retirement benefit providers with those of asset managers is not a novel concept.

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Retirement benefits accumulated by Kenyan workers over the years hit an estimated total of Sh2.3 trillion last year, equivalent to nearly 15 per cent of Kenya’s GDP, underscoring the importance of this critical sector.

With the inflation always competing to erode workers' savings, retirement benefits service providers are under pressure to preserve their clients’ wealth.

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Note: The results are not exact but very close to the actual.