FCMB Asset Management Limited, a subsidiary of FCMB Group Plc, recently held a successful webinar titled “Smart Retirement – Investing Ahead” to address the possible challenges faced by Nigerians in planning for a secure retirement.
The webinar featured a distinguished panel of financial experts from across the FCMB Group ecosystem, providing attendees with actionable strategies for navigating the investment landscape and achieving financial security. Nduka Offiah, Head of Alternative Assets and Abiola Ajayi Head of the UHNI & HNI Unit, of FCMB Asset Management; Oluwayemisi Arowolo, Head of Trust Services at FCMB Trustees Limited and Richard Ade-Martins, Head of Business Development South at FCMB Pensions Limited formed the panel that was moderated by Tinuola Odufuye, Head of Business Development at FCMB Asset Management.
Key takeaways from the insightful session included:
- The Power of Early Start: The importance of starting investments early to leverage compound interest for a larger nest egg.
- Investing Made Accessible: Debunking the myth of a high minimum investment, the panel encouraged starting with as little as N1,000 in FCMB Asset Management’s Mutual Funds.
- Estate Planning for a Smooth Transition: The experts emphasized the importance of Wills and Trusts in ensuring a smooth transfer of assets and reducing conflict amongst beneficiaries.
- Unlocking Your Retirement Savings: The webinar explored FCMB Pensions’ RSA Mortgage option, allowing individuals to leverage their Retirement Savings Account (RSA) for homeownership.
- Financial Inclusion for Businesses: FCMB Pensions’ micro-pension plans were highlighted, catering to businesses with up to three employees and promoting financial planning within the informal sector.
- Combating Inflation: Alternative Assets and currency hedging strategies were discussed as tools to preserve wealth and purchasing power.
- Investing for Young Minds: The session offered valuable advice for students interested in starting their investment journey early.
- Retirement Planning for Nigerians Abroad: The possibility of setting up Naira-denominated pension plans with FCMB Pensions Limited for Nigerians working overseas was addressed.
- Staying Informed for a Sustainable Future: The panel stressed the importance of staying updated on investment trends to adapt financial plans to changing economic realities.
The webinar provided Nigerians with the knowledge and tools needed to take charge of their financial future and plan for a comfortable future.
