Written on July 29, 2024
NICO Pension 2024 Client Engagement Seminar

NICO Pension, a trusted provider of retirement solutions, is conducting its highly anticipated Client Engagement Seminars. The series of sessions is aimed at providing attendees with valuable insights and strategic guidance on critical aspects of pension management.

Officials from the Reserve Bank of Malawi (RBM) delivered a comprehensive presentation, emphasizing recent regulatory developments. Their focus on financial stability and prudent pension management resonated strongly with the audience.

As a leading pension provider, NICO Pension guided participants through various pension options, ensuring that attendees are well-equipped to make informed decisions about their financial futures. Mr. Gerald Chima, CEO – NICO Pension mentioned that “Understanding how your pension is growing is essential. At NICO Pension, we empower pensioners with knowledge, ensuring their financial peace of mind.”

During the event, impressive investment returns were announced:

• The Ufulu Fund declared an outstanding 36.25% return, directly benefiting members who participated throughout the year.
• The Timasuke Fund exceeded expectations, delivering a remarkable 38% return for mid-year joiners and exceptional 45% return for those who enrolled at the start of 2023. These returns directly contribute to individual members’ pension accounts, enhancing their financial security and easing their retirement journey.

“We are delighted with the impressive results NICO Pension has declared. It aligns perfectly with our mission to enhance the lives of our employees and their families.” Mr. Harold Mnjuzi, World Vision – Managing People and Culture.

Experts from NICO Asset underscored the importance of diversification and long-term planning. Attendees gained insights into investment opportunities that can enhance their pension portfolios.

NICO Life highlighted the significance of life insurance during retirement. Tailored solutions were discussed, ensuring that members can protect their families’ financial well-being.

Members can conveniently monitor their pension accounts through USSD, SmartApp or using the Online Portal.

Click the link to view the gallery: https://nicopensions.mw/envira/client-engagement-seminar-2024/

Related Articles

One NICO Brokers Workshop: Navigating the Future Together

The NICO Group represented by NICO General, NICO Pension, and NICO Life Insurance held Broker Workshops under the theme "Navigating the Future Together", aimed at engaging with brokers and exploring the emerging risks in the Malawian insurance market. During the...

NICO Pensions declares 14% bonus

NICO Pension has declared a 14% bonus for the year 2021 on pension funds under the Ufulu Unrestricted Fund. The return is an improvement from 2020’s 9.37% in the economy that has been affected by several issues, including disruptions cause by Covid-19 and rapidly...

NICO supports PUSSAM training

NICO Group has donated K1,980,000.00 to Public Universities Staff Sports Association of Malawi (PUSSAM). The funds will go towards the association’s training sessions for its executive members. As a leading financial institution in Malawi, NICO Group believes in...