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    Pension Institutions set Aside KSh 3 Million for Training in Financial Literacy

    Jackson
    By Jackson Okoth
    - May 12, 2021
    - May 12, 2021
    Kenya Business news
    Pension Institutions set Aside KSh 3 Million for Training in Financial Literacy

    The Institute of Pension Management (IPM) and the School of Pension and Retirement Studies (SPRS) have partnered to offer financial literacy training to both individuals and corporates on pension matters.

    The program targets to train over 10,000 people over the next three years with an initial investment of KSh 3 Million.

    Institute of Pension Management Executive Director James Wanyama said the training partnership would help expand financial literacy, improve investor knowledge and promote a culture of saving and investing to help people meet their financial and retirement goals.

    This partnership will enable both institutions to offer specialized pension industry-driven courses and training, with the first session to commence in July 2021.

    “Financial literacy training will go a long way in ensuring that we live a comfortable and dignified life. Our goal as partners is to equip participants with practical and applicable knowledge.

    We, therefore, urge everyone to take advantage of this training and be equipped with necessary financial knowledge and tools,” said School of Pension and Retirement Studies Director Dr Edward Odundo.

    The courses and training will be offered virtually in Kenya, Uganda, Tanzania, Zambia and Rwanda.

    ALSO READ:86% of Kenya’s working population uncertain of financial security in retirement – Report

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