BPOPF launches window to secure in pensions

Moemedi Malindah, BPOPF General Manager Investments PIC: MORERI SEJAKGOMO
Moemedi Malindah, BPOPF General Manager Investments PIC: MORERI SEJAKGOMO

The Pre-retirement Switch Investment Model launched by the Botswana Public Officers Pension Fund (BPOPF) this week in Gaborone aims to enable members nearing retirement to transfer their pension capital to an investment portfolio.

The option to switch portfolios can only be exercised by members who intend to retire in three years.   

"The reason for offering the option to members with a three year time period to retirement is because the conservative portfolio's main objective is to preserve the money that has been accumulated and members with more than three years to retirement should be more focused on growing the money than focusing on capital preservation," said Moemedi Malindah, BPOPF General Manager Investments. Concerning the advantages and potential benefits of switching to the preservation portfolio,

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