Enterprise Trustees has re-launched its personal pension offering as part of efforts to boost retail participation and deepen uptake of voluntary retirement savings in Ghana.
Managing Director Joseph Ampofo said the initiative targets low participation in tier-three pensions, particularly among informal sector workers and younger individuals.
He noted that while total pension assets are approaching GH¢100 billion, personal pensions account for a relatively small share, with most contributions concentrated in employer-linked schemes.
The re-launched products segment the market into youth, informal sector workers and retirees, with tailored plans designed to improve accessibility and encourage consistent savings. Enterprise has also introduced mobile-based contributions and flexible payment options to lower entry barriers.
Regulators have emphasised the importance of voluntary pensions in strengthening retirement income security.
Mr. Anthony Acquah said personal pensions serve as a long-term savings tool that complements mandatory schemes and supports improved financial outcomes after retirement.
Discover more from The Business & Financial Times
Subscribe to get the latest posts sent to your email.
