Guidelines For Pension Fund Managers (NPRA/GD/PFM/Ol/11)
Section 2: An Applicant shall be eligible for appointment as Pension Fund Manager if that
Applicant is licensed by the Securities & Exchange Commission as an Investment Adviser under the Securities Industry Act, 1993 (P.N.D.C.L 333) and has paid up stated capital of not less than GHS 200,000.00 and net assets of at least the same amount.
2.2 An Applicant shall not be appointed as a Pension Fund Manager unless that Applicant:
2.2.1 Is a Body-Corporate
2.2.2 Is independent of the Approved Trustee and Pension Fund Custodians appointed in respect of the Scheme, and all delegates of the Trustee and Pension Fund Custodians.
2.2.3 Has sufficient expertise and management resources including human resources to conduct its business operations effectively.
2.2.4 Has in place adequate controls and safeguards with respect to the investment of
funds of the pension scheme to project the interest of scheme members.
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
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