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Home » Pension funds dread prescribed assets
National Report

Pension funds dread prescribed assets

written by Omega Ukama 0 comments
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ZIMBABWEAN pension funds say they are shunning prescribed assets over fears of “being burnt” by value erosion amid a currency crisis. According to the Insurance and Pensions Commission (Ipec), pension funds had an aggregate prescribed assets compliance level of 7,64 percent as at September 30, 2019, against a requirement of 10 percent, while stand-alone funds…

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