THE Insurance and Pensions Commission (Ipec) has urged the pensions industry to move away from passive capital preservation and focus on generating real returns through active management and strategic diversification. In Zimbabwe, passive capital preservation is centred on protecting retirement savings from high inflation and currency depreciation, a necessary response after pension funds lost significant…
Aim higher, pension funds told
Speaking during the conference, Ipec commissioner Grace Muradzikwa said innovative insurance products must address customers’ needs, as large sections of the population and businesses remain inadequately insured.