By ’Mathabana Kotelo
MASERU — Lesotho will host a special insurance forum in October.
The Lesotho Superannuation Funds Investment Forum 2013 (LSFIF) will be held at Lesotho Sun Hotel on October 22.
The one-day forum is organised by Africlan, an emerging market advisory firm, and FRMB, a consultancy company.
The forum is targeted at trustees, fund managers, asset management consultants, principal officers as well as decision makers from retirement, pension and provident funds.
The forum will focus on investment of retirement funds and challenges faced by trustees, fund managers, asset consultants and principal officers.
It aims to profile investment opportunities in Lesotho and also address challenges faced by the superannuation funds industry.
The organisers said the forum comes at a time when “there is a strong need for the professional development and support for retirement fund industry to ensure that good governance practices are understood and adhered to”.
They said participants “will also get an opportunity to hear from local and international speakers on panel and plenary sessions prepared specifically for your benefit as an organisation or individual”.
There will be presentations from academics and experts on issues ranging from the dynamics of inflation proofing financial products to retirement benefits offered by insurance companies.
They will also discuss non-traditional investment avenues, the impact of the legislation framework, the different investment risks as well as how to get credible and qualified investment managers.
The main themes of the forum will include Investments, Governance and Fiduciary Advisory needs of Retirement Fund Trustees, Investment opportunities available in Lesotho and Responsible investing.
Emphasis will be placed on educating principal officers and trustees on the general investment terms and strategies.
Head of operations at Africlan Prince Madziva said “The LSFIF will focus on a broad spectrum of issues trustees need to know regarding investments of funds and the day to day running of pension funds”.
The symposium will be divided into presentations, networking sessions, roundtable discussions and in-depth workshops.