Pension systems could no longer be viewed as peripheral institutions due to their rising asset base – Governor BoG

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Ghana’s rapidly expanding pension industry is becoming a major force in sovereign debt, banking and equity markets, requiring regulators to adopt a wider and more coordinated approach to financial stability, Bank of Ghana Governor Dr Johnson Pandit Asiama has said.

Speaking at the Africa Pension Supervisors Association Annual Conference in Accra, Dr Asiama said pension systems could no longer be treated as peripheral institutions because of their growing asset base, long-term investment horizons and deepening links with the broader financial system.

Source: newsthemegh.com