has introduced a Non-Interest Fund and issued an operational framework on it to pension contributors and retirees.
He said the initiative was in furtherance of the implementation of the Multi-Fund Investment Structure, which seeks to provide investment portfolio choices to pension contributors and retirees. “The FRACE has certified that the operational framework issued by the commission complies with non-interest finance principles,” he said.
Mr Aghahowa said that the fund would be separated into two funds for Active RSA holders and Retirees respectively.
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