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The higher percentage of younger workers that have joined the Contributory Pension Scheme will help to sustain the system, the National Pension Commission has said.

todayMay 17, 2021 11

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The higher percentage of younger workers that have joined the Contributory Pension Scheme will help to sustain the system, the National Pension Commission has said.

The commission disclosed in its report for the fourth quarter of 2020 that 77 per cent of the contributors were below 40 years of age.

Part of the report noted that a review of the sectoral distribution for the quarter ended December 31, 2020 showed 42,455 of the registrations were from the private sector.

It added that the public sector accounted for 22,718 of the contributors registered while the Micro Pension Plan had 3,654 of the retirement savings accounts registered during the period under review.

Written by: EaglesFM

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A commodities broker, Marex Spectron, has said it is considering an initial public offering on the main market of the London Stock Exchange.

A commodities broker, Marex Spectron, has said it is considering an initial public offering on the main market of the London Stock Exchange. Marex said on Friday that it intends to have a free float of at least 25 per cent of the business and expects that it would be eligible for inclusion in the FTSE UK indices, according to ShareCast. Acquisitions have historically been an important growth driver for […]

todayMay 17, 2021 12

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