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A concept of saving culture for retirement. [Getty Images]
The news has been awash with stories of pension schemes struggling to meet their obligations on account of low revenues, despite owning prime properties.
This calls for urgent measures to keep the schemes self-sustaining and guarantee decent retirement for members. At the heart of this revenue generation crisis facing these quasi-public pension schemes is myriad issues including low rent collection and challenges in disposing off assets, thus impacting their liquidity.
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