Pension assets at 16% of Gross Domestic Product

Pension assets have been growing in the past eight years and now stand at K825.3 billion, representing 16.3 percent of the Gross Domestic Product, figures from the Reserve Bank of Malawi (RBM) show. The passing of the Pensions Act in 2011 has seen a substantial rise in pension remittance. The pension assets were seen at … Continue reading Pension assets at 16% of Gross Domestic Product