Pension schemes shun Big Four plan

From left: Zamara Group Chief Executive Sundeep Raichura, Cliff Mayaka, actuarial investment analyst, and Neha Datta , team leader, investment consultant actuarial services at the release of the 50th edition of the Zamara Consulting Actuaries Schemes Survey in Nairobi on Monday. [Wilberforce Okwiri, Standard]

A majority of pension schemes have invested in equities and fixed income securities, giving a wide berth to sectors considered key in the Government’s Big Four agenda.

According to a new survey released yesterday by fund administrator Zamara, 93 per cent of the investments by the different schemes last year went into equities and fixed income securities.