India’s retirement fund regulator is planning to permit individual pension houses to launch tailor-made investment plans in what could be a major overhaul for the $175 billion industry, sources say https://t.co/qYGnUq7X2n ...

Nigeria is set to increase the proportion of funds that its $17 billion pension industry can invest in infrastructure and private equity in a bid to boost returns on retirement savings. https://t.co/bERjQo0qBA ...

Core Insights - The 2024 Financial Stability Assessment Report indicates that Ghana's financial sector assets are projected to reach 525.9 billion cedis, representing a year-on-year growth of 34.6% and accounting for approximately 45.2% of GDP [1] - The banking sector dominates the financial system with assets amounting to 401.55 billion cedis, contributing 76.4% to the total financial sector assets [1] - The report highlights that risks in the banking sector are primarily concentrated in the securities industry, with a total risk exposure of approximately 286 million cedis to other financial institutions [1] Banking Sector - The banking industry remains the most significant component of the financial system, with a substantial asset base of 401.55 billion cedis [1] - The risk exposure of the securities industry, influenced by the banking sector, has surged to 5.9 billion cedis, marking an increase of 81.4% year-on-year [1] Other Financial Institutions - Insurance companies have a risk exposure of 3.1 billion cedis, ranking second in terms of risk concentration [1] - Pension institutions follow with a risk exposure of 2.6 billion cedis, indicating a notable level of risk within the financial ecosystem [1]

Australia’s $2.7 trillion pension industry signaled relief over US plans to scrap the so-called “revenge tax” https://t.co/iYudS8S6qh ...