Business News of Tuesday, 21 September 2021Source: www.ghanaweb.com• Public and private sector workers have been advised to cultivate a savings culture• This, according to a financial expert, will help with retirement plans• Afriyie Oware said all workers and citzens must consciously plan towards their retirementAfriyie Oware, Chief Executive of pensions firm, Axis Pension Trust has advised workers to consciously plan their retirement to avoid being plagued with retirement poverty after active work. He admonished citizens to also make it a conscious effort to set money aside towards their retirement and invest. The financial sector expert speaking at an Annual Pre-Retirement Seminar held on September 17, 2021, to educate pensioners and workers on retirement, said an active savings culture was necessary to spare one of retirement poverty, which often led to financial constraints and untimely death after retirement. “We have plan which is a programmed withdrawal arrangement that provides a robust solution to help retirees prudently manage their retirement savings to last you longer” he added. The annual event brought together experienced and well-resourced experts to discuss various topics related to retirement needs, including health in retirement, what to expect at retirement, accessing your benefits from the various schemes and how to make your retirement income last longer.
