Government need to increase retirement plan awareness among the youth, says analyst
This appeal is from the fact that only a small fraction of youth possess sufficient knowledge of financial literacy and the importance of saving for the future
A lecturer at the Department of Finance in the University of Ghana Business School, Godfred Amewu has urged the government to give greater attention to promoting awareness of investments and retirement planning among young people.
Speaking at the Maxwell Investment Group Business Forum in Accra, Amewu advocated for integrating retirement planning into core university courses to ensure students are well informed before graduation.
“We are not deliberate about creating that awareness about this to the younger people and I am very happy this team is bringing that to the table. I am hoping that this discussion will move on so that we can have all the stakeholders on board to see how we can get institutions to deliberately include this in academia and their educational curriculum,” he said.
Amewu also commended initiatives like the MIG Business Forum for their efforts in raising awareness and assisting youth in making financially sound decisions that contribute to economic growth.
The secretary of the National Pensioners Association emphasised the need for young people to prioritise financial literacy for a secure retirement.
Reflecting on personal growth, Maxwell Ampong, CEO of Maxwell Investment Group, expressed his commitment to seizing missed opportunities to enhance himself.
“If I could meet myself 20 years from now to ask myself questions, I would be very sure that there might be a lot of thing I wouldn’t have done.”
Reporting by Seyram Abdallah in Accra
Asaase Radio 99.5 broadcasts on radio via 99.5 in Accra, 98.5 in Kumasi, 99.7 in Tamale, 100.3 in Cape Coast and on our affiliates Azay FM 89.1 in Takoradi, Bead FM 99.9 in Bimbilla, Mining City 89.5 in Tarkwa, Sissala Radio 96.3 in Tumu, Somuaa FM 89.9 in Gushegu, Stone City 90.7 in Ho and Wale FM 106.9 in Walewale
Tune in to broadcasts online: asaaseradio.com, Sound Garden and TuneIn
Follow us on Twitter: @asaaseradio995
Live streaming on facebook.com/asaase99.5. Also on YouTube: AsaaseXtra.
Join the conversation. Call: 020 000 9951 or 059 415 7777. Or WhatsApp: 020 000 0995.
#AsaaseRadio
#TheVoiceofOurLand
#WeAreHere
#WeLoveOurLand
