In several countries, governments recognize the need to provide pension funds to take care of the ageing population, the dependents of a breadwinner in case of his or her death or the breadwinner in case of invalidity through accidents at work, etc. pension fund in most countries are managed by government institutions or private firms. Pension fund (according to Investopedia.com) is defined as “a fund established by an employer to facilitate and organize the investment of employees’ retirement fund contributed by the employer and employees. The pension fund is a common asset pool meant to generate stable growth over the long term, and provide pensions for employees when they reach the end of their working years and commence retirement”. Pension fund are commonly run by financial intermediary for the company and its employees, although some larger corporations operate their pension fund in-house. Pension fund control relatively large amount of capital and represents the largest institutional investors in many nations
Offin, E. (2023). Assessment of Management of Employee Pension Investment. Afribary. Retrieved from https://afribary.com/works/assessment-of-management-of-employee-pension-investment
Offin, Emmanuel "Assessment of Management of Employee Pension Investment" Afribary. Afribary, 29 Apr. 2023, https://afribary.com/works/assessment-of-management-of-employee-pension-investment. Accessed 23 Nov. 2024.
Offin, Emmanuel . "Assessment of Management of Employee Pension Investment". Afribary, Afribary, 29 Apr. 2023. Web. 23 Nov. 2024. < https://afribary.com/works/assessment-of-management-of-employee-pension-investment >.
Offin, Emmanuel . "Assessment of Management of Employee Pension Investment" Afribary (2023). Accessed November 23, 2024. https://afribary.com/works/assessment-of-management-of-employee-pension-investment