Rules For Managing Occupational Pension, Provident (NPRA/GD/PPS/01/11)
If all the approved trustees are individual persons, then at least one of
those trustees must be an independent trustee.
(2) A person is an independent trustee for the purposes of this Part only if the
person-
(a) is not a director, close relative, partner or employee of the
employer sponsoring the scheme or of an associate of that employer;
and
(b) where the employer sponsoring the scheme is a company, does not
hold any shares of the company or of an associate of the company; and
(c) satisfies the Authority that the person has the skill, knowledge,
experience and qualifications that are, in the opinion of the Authority,
necessary for a person to administer private pension schemes.
(d) satisfies the Authority that the person has no past or present association
(financial or otherwise) with-
i. the employer sponsoring the scheme; or
ii. a director of that employer; or
iii. an associate of that employer or of such a director that could
affect the impartiality of the person's independent judgment;
and
(e) is not an auditor or actuary of the scheme.
Procedure to Follow
Not Avaiable
Responsible Institution
National Pensions Regulatory Authority
SU Towers Accra
- Email: info@npra.gov.gh
- Website: npra.gov.gh
- GPS:
- Telephone: 0302968692
Relevant Forms to Download
Not Available
Online System
Link Unavailable
Fees/ charges
Not Avaiable
Loading. Please wait....