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A. LICENCE TO OPERATE AS CORPORATE TRUSTEES

The General Public is hereby notified that the following two (2) additional entities have been approved on Friday 23rd March 2012 to operate as Corporate Trustees under Act 766:

  • General Trust Company Ltd
  • GLICO Pensions Trust Ltd

This brings to Eleven (11) the number of entities approved to operate as Corporate Trustees and as detailed below:

  1. PETRA TRUST COMPANY LTD
  2. METROPOLITAN PENSIONS TRUST GHANA
  3. PENSIONS ALLIANCE TRUST COMPANY LTD
  4. PROVIDENTLIFE TRUST COMPANY
  5. UNIVERSAL PENSIONS MASTER TRUST LTD
  6. SECURE PENSIONS TRUST LTD
  7. ENTERPRISE TRUSTEES LTD
  8. UNITED PENSIONS TRUSTEES LTD
  9. AXIS PENSION TRUST LTD
  10. GENERAL TRUST COMPANY LTD
  11. GLICO PENSIONS TRUST LTD

B. REGISTRATION OF PENSION FUND CUSTODIANS

The General Public is hereby notified that Guaranty Trust Bank (Ghana) Ltd has been approved to operate as a Pension Fund Custodian under Act 766.

This brings to Eight (8) the number of entities approved to operate as Pension Fund Custodians and as detailed below:

  1. ECOBANK GHANA LIMITED
  2. STANDARD CHARTERED BANK LTD
  3. STANBIC BANK
  4. CAL BANK LIMITED
  5. AGRICULTURAL DEVELOPMENT BANK
  6. HFC BANK LTD
  7. PRUDENTIAL BANK
  8. GUARANTY TRUST BANK (GHANA) LTD

DATED: Friday 23rd March 2012

 

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Over the years, concerns have been raised and agitations made by public servants over inadequacies of the level of pensions to sustain a respectable life for retired public servants. Of particular concern to most workers’ groups has been the low pensions received by workers ... | Readmore