It has been a year and three months since the last board of the National Pensions Regulatory Authority (NPRA) was dissolved, just like many other state institutions. Whereas most of those institutions have had their boards reconstituted, that of the NPRA, a critical state institution whose work borders on ensuring...
Chief Executive Officer of NBC Ghana Trust, Mr. William Asiedu Yeboah, has urged workers - especially those in the informal sector - to retire right by investing in pension schemes to enable them enjoy their retirement life. Speaking on a wide array of issues about pensions and retirement, Mr. Yeboah...
 Regulator cries it has no power to prosecute defaulters Most private sector employers are yet to comply with provisions of the Tier-2 pension scheme, which mandates companies to contribute 5 percent into a privately managed pension scheme. Out of 51,466 private establishments/companies active under the Social Security and National...
Regulator cries it has no power to prosecute defaulters Most private sector employers are yet to comply with provisions of the Tier-2 pension scheme, which mandates companies to contribute 5 percent into a privately managed pension scheme. Out of 51,466 private establishments/companies active under the Social Security and National...
The highest court of the land, Supreme Court on Wednesday February 21, 2017, upheld that SIC’s appeal against Ivory Finance Company Ltd regarding a credit guarantee case which has been in court over the last five years. The unanimous decision of the apex court came with an order that, the...
The insurance industry intends to start publishing claims paid to clients, on an annual basis, in a bid to change the perception among members of the public that the industry loathes claims payments. “We are thinking, actually, of the insurance industry publishing the quantum of claims paid in a...
Private pension funds have maintained their strong growth over the years, reaching a record high of GH¢9.7billion in 2017, from the previous year’s GH¢6.8billion. Data from the sector regulator, the National Pensions Regulatory Authority (NPRA), show that 9.2 billion of the 9.7 billion was accrued from Assets Under Management (AUM)...
In the wake of recent scandals plaguing the banking sector, the implementation of a deposit insurance regime is a timely intervention to renew confidence in the country’s financial system, Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has indicated. Addressing stakeholders in the banking and finance sector at...
GLICO GENERAL has presented an insurance package to light weight boxing champion, Emmanuel ‘Game boy’ Tagoe and BabyJet Promotions as the boxer prepares to defend his IBO light weight title on Saturday, January 27, 2018 at the Bukom Boxing Arena, Trust Emporium. The insurance package, which is part of GLICO...
Uber has announced a new and innovative insurance policy designed to cover accidental rider injuries while on a trip with Uber in Ghana. A statement from the company said “one of Uber’s priorities is the safety and security of users, and insurance is a critical part of Uber’s safety programme.” This...