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Best Performing Pension scheme
amauriceus
#1 Posted : Monday, April 11, 2016 4:59:57 PM
Rank: Member


Joined: 9/13/2006
Posts: 17
After being with Alexander forbes close to 5 years now, I do not recall ever seeing a return on my pension above 15%p.a

FY2015 financials are out and I was furious to learn that of all the cash they have taken from me all these years, they gave 0% growth in my portfolio.

So I made a call to a few pension schemes listed on the RBA website.

It turns out some Pension schemes in the country grew their members contributions by 15%, some 12.5% and some at 8%. Several returned negative returns.

I am close to transferring my pension to Kenindia insurance as they say they have given back 15% for the past five years.

Would this be a prudent move?

Can you vouch for any other Pension Scheme? Reasons?

githundi
#2 Posted : Tuesday, April 12, 2016 1:51:57 PM
Rank: Veteran


Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
Boss please confirm whether it is over 15% every year for the last five years or just over 15% for the last 5 yrs before you move your money. Additional due diligence is better
Democracy does not belong to the dead
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