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‘Poor yields on securities, inflation affect pension growth’

November 25, 2020
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‘Poor yields on securities, inflation affect pension growth’

Low yield on fixed-income securities and escalating inflation rate are threats to the growth of pension fund assets in the short and medium-term, the Director-General, Lagos Chambers of Commerce and Industry (LCCI), Muda Yusuf, has said.

Yusuf, who spoke at an insurance forum in Lagos, advocated the de-risking of the real sector, to attract more investment. He stated that given their low-risk nature, pension funds are invested in Federal Government securities.


source
TheGuardian
https://guardian.ng/