OUR HISTORY

"The vision to start a thriving pensions management services company was conceived by its co-founder, Afriyie Owar...

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WHO WE ARE

Axis Pensions Group, is headquartered in Accra, Ghana. We offer retirement savings products and fund...

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OUR BUSINESS

We are committed to creating an organization that demonstrates the highest standard of services to its clients, partners...

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CAREERS

WHAT AXIS OFFERS

Our employees are our most cherished assets. We offer a range of highly competitive benefits; excellent opportunities for career progression; an informal..

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The vision to start a thriving pensions management services company was conceived by its co-founder, Afriyie Oware, in the year 2010. Axis Pension Trust Ltd was incorporated the same year. The co-founders, Afriyie Oware and Simon Komla Agbenyegah Ayivi, believing in that vision, resigned their prestigious jobs at the time to embark on this entrepreneurial venture.  The retirement savings industry had just been liberalized in Ghana by legislation - the National Pensions Act, 2008 (Act 766) - in a major pensions reform in the country.

In addition to the co-founders, startup capital was provided by five individuals whose investment of approximately $120,000 helped bring the business idea to fruition.

The co-founders had a firm belief that misallocation of capital had been and continuous to be the cause of Africa’s underdevelopment. Axis was therefore established to lead the way in efficiently mobilizing, allocating and utilizing local capital for direct investments in avenues that offer high potential for sustainable profitability and national/continental development.  It has been the goal of Axis - from the very beginning - to adopt a research-driven approach in implementing its vision, even as it seeks to influence policies on the use of pension funds’ assets in countries it has business operations in.

 

Summary of Axis Pensions’ Evolution:

(2010 – 2011):

1. Incorporation of :

i. Axis Pension Systems Ltd. - a software company established to develop scheme administration software;

ii. Axis Pension Trust Ltd. - a Corporate Trustee company established to offer retirement savings products to the SME market;

iii. Axis Pension Administration Services Ltd. – established to provide efficient third-party scheme administration services to Ghana's burgeoning investment savings industry. The initial focus of Axis Pension Administration Services Ltd was to administer pension funds of multinational.

2011:

2. Axis Pensions Group was established as a holding company and to provide management services to the three operating companies stated in 1. above.

2012:

3. Axis Pension Trust Ltd. was licensed by Ghana’s National Pensions Regulatory Authority (NPRA) as one of first nine (9) Corporate Trustees to be licensed by the pensions regulator.

2014:

4. A local institutional investor acquired equity stakes in the holding company.

5. Blueprint for Axis’ Pan-African expansion strategy starts, with the goal to establish 10 business subsidiaries outside of Ghana by 2030.

2016:

6. Axis Malawi starts: this is a joint venture company in Malawi established to challenge the status quo and to introduce more innovative products and services into the Malawian retirement savings industry.

7. Axis Pension Trust Ltd (Ghana) wins a continental award as the most Innovation pensions Management Company in Risk Management at the Second African Pensions Awards held in September, 2016 in Abuja, Nigeria.

Introduction

The clock ticking and your retirement date is closer every minute. What are you doing for your retirement?

Today, there are thousands of retirees who are in poverty. Many more people are going to retire every year, but only 5% of those who retire will be able to live comfortably.

Why? This is because the average worker has not prepared adequately for retirement.

Retirement is a crucial stage in life that should not to be taken for granted. You basically stop working for money and survive on your own savings when you retire.

Retirement is probably the most critical period for finishing unfinished goals. These goals, whatever they may be, have crucial financial implications.

Unfortunately, what you won’t have during retirement is salary and that is where pensions and retirement planning comes in handy. Planning your retirement early will help to meet your needs and to pursue your dreams.

Read more about retirement planning

  • Retirement Goal Setting
  • Take Your Financial Inventory
  • Assess Your Retirement Prospects
  • Review Your Financial Situation
  • Create and Manage your retirement pot
  • Review Your progress
  • Retirement Planner
  • Start saving for retirement

Most of us see retirement as remote and therefore fail to plan for it whiles we are economically active. Suddenly, retirement is so close and you have not saved enough.

An effective way to accelerate your retirement savings is to setup a personal pension account.

The Axis Pension Plan, the fastest growing personal pension scheme in Ghana, offers one of the best vehicles  ways to ones retirement dreams.

The Axis Pension Plan is a long-term investment scheme designed to help resident Ghanaian workers save privately for retirement.

It is tax-qualified and allow you to enjoy tax free contributions and benefits.

When it comes to investing for retirement, it is important to seek flexibility, control and value for money in your plan. And that is exactly what you get in the Axis Pension Plan.

The Axis Pension Plan allows you to set up a savings plan in addition to your retirement plan to further enhance your retirement benefits.The savings plan is designed to provide for  emergency needs whereas the retirement plan is designed to provide income at retirement. 


The fund offers lifecycle plan as default option, so you do not need to bother about changing your retirement plan selection as the years go by. 

The Axis Pension Plan  is an ideal product for the self-employed, employed and even contract staff.

 

Axis Pensions is a Pan-African pensions administration company ceased with a mandate to uplift the economic status of African workers for a better retirement

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