An Evaluation of Pension Schemes and Provident Funds Investments Portfolios in Kenya
Abstract
The purpose of a Pension Plan and/or Provident Fund is to provide income when a person
retires from gainful employment. A growing number of people are interested in pensions
management especially as economic and political events continue drastically to influence
financial decisions. Yet many people in Kenya do not have a basic understanding of pensions
management situation in the country or the importance of prudent management or pension
scheme until after retirement. At this stage, many individuals find it difficult to support
themselves and end up living miserably.
Successful pension fund management is about consistent long-term performance. This in
tum. demands the ability to spot and exploit investment opportunities at every stage or the
economic cycle. This is what we are lacking and can only be achieved if our style depends
on strong locus leadership, a discipline framework for investment managers to work within
and a top down, market driven approach to investment vehicle selection. The Government
should also promote and facilitate the development or pension schemes that are
professionally managed..............................................
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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