RBA, bourse tussle over Sh2.3tr pension assets investments

A proposal by the Nairobi Securities Exchange (NSE) to have the pension regulator revise the allocation formula of assets under management in favour of equities has been termed impractical by the Retirement Benefits Authority (RBA).

The proposal seeks to amend the current allocation formula, which provides the maximum a scheme can invest in a regulated financial instrument, by introducing a floor or a minimum.

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var diffToEnd = saleEnd – now;
var totalSeconds = Math.floor(diffToEnd / 1000);
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var hours = Math.floor((totalSeconds % (24 * 3600)) / 3600);
var minutes = Math.floor((totalSeconds % 3600) / 60);
var seconds = totalSeconds % 60;

activeEl.innerHTML = `

Offer ends in…

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const minutes = Math.floor(totalSeconds / 60);
const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
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A proposal by the Nairobi Securities Exchange (NSE) to have the pension regulator revise the allocation formula of assets under management in favour of equities has been termed impractical by the Retirement Benefits Authority (RBA).

Follow The Standard
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on WhatsApp