Pension industry assets grew by 9.8 percent in the nine months to September 2018 to hit Sh1.186 trillion. However, the growth rate is likely to be below that of 2017 due to underperforming equities and real estate.
The Retirement Benefits Authority’s (RBA) third quarter 2018 report shows that among the major investment classes, fixed income had the best growth rate in the period at 28 percent to stand at Sh505.3 billion.
