Britam Asset Managers Kenya Limited, a subsidiary of Britam Holdings and a prominent financial services conglomerate partly owned by Kenya's wealthiest investors has launched a new pension scheme for small and medium enterprises (SMEs).
The Britam Ngao Umbrella Pension Scheme pools funds from multiple employers into a single, managed investment, offering members a significant cash lump sum at retirement.
"The scheme simplifies retirement planning, allowing businesses to focus on their core operations," says Barack Obatsa, CEO of Britam Asset Manager.
Streamlining retirement savings for employers and employeesThe scheme eliminates setup or entry fees and simplifies the application process, freeing employers from typical pension management duties.
