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The Retirement Benefits Authority (RBA) targets to grow the pension industry coverage to 20 per cent in the next five years.
The pension industry regulator also intends to increase assets from the current Sh696.68 billion to reach Sh1.02 trillion by June 2019. RBA Chief Executive Officer Edward Odundo yesterday said the ambitious strategy will be fast-tracked to encourage high growth as well as bring on board more contributors.
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